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Daily Market Analysis 30/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19114 with take profit at 1.19228. Bearish Preference: Sell position is envisaged if price trades below 1.18924 with take profit at 1.18817. Fundamentals:1:15pm    USD ADP Non-Farm Employment Change Comment: The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of …

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Daily Market Analysis 29/06/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34260 with take profit at 34310. Bearish Preference: Sell position is envisaged if price trades below 34041 with take profit at 33962. Fundamentals:3:00pm    USD    CB Consumer Confidence. Comment: Asian shares dropped on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery, …

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Daily Market Analysis 22/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14156.45 with take profit at 14176.51. Bearish Preference: Sell position is envisaged if price trades below 14080.45 with take profit at 14065.74. Fundamentals:7:00 pm USD    Fed Chair Powell Testifies Comment: Asia Pacific stocks were mostly up Tuesday morning, following a rebound in U.S. counterparts during the previous …

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Daily Market Analysis 18/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19552 with take profit at 1.19800. Bearish Preference: Sell position is envisaged if price trades below 1.18641 with take profit at 1.18401 Fundamentals:None with high impact on the pair. Comment: The dollar edged higher in early European trade Friday, continuing to benefit from Wednesday’s surprise move …

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Daily Market Analysis 17/06/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23088 with take profit at 1.23248. Bearish Preference: Sell position is envisaged if price trades below 1.22459 with take profit at 1.22283. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index              USD    Unemployment Claims Comment: The dollar rose in early European trade Thursday, …

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