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Daily Market Analysis 22/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34400 with take profit at 1.34527. Bearish Preference: Sell position is envisaged if price trades below 1.34205 with take profit at 1.34097. Fundamentals:None with high impact on the pair Comment: The dollar was up on Monday morning in Asia, remaining near a 16-month high against the …

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Daily Market Analysis 19/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1865.36 with take profit at 1867.03. Bearish Preference: Sell position is envisaged if price trades below 1857.90 with take profit at 1856.30. Fundamentals:None with high impact on the commodity Comment: Gold holding near highs on inflation concerns Gold is continuing to consolidate between USD 1,850 and …

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Daily Market Analysis 19/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35279 with take profit at 1.35412 Bearish Preference: Sell position is envisaged if price trades below 1.34754 with take profit at 1.34651 Fundamentals:4:45pm USD FOMC Member Waller Speaks Comment: The dollar was up on Friday morning in Asia, and is poised to post a second …

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Daily Market Analysis 18/11/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16419.96 with take profit at 16438.33 Bearish Preference: Sell position is envisaged if price trades below 16360.93 with take profit at 16342.42 Fundamentals:None with high impact on the index. Comment: One of the leading pharmaceutical company that makes up the index AstraZeneca PLC said that …

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Daily Market Analysis 18/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1871.94 with take profit at 1873.72 Bearish Preference: Sell position is envisaged if price trades below 1862.69 with take profit at 1860.94 Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claim Comment: Gold was down on Thursday morning in Asia, but a weakening dollar and U.S. …

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Daily Market Analysis 17/11/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16344.00 with take profit at 16364.29 Bearish Preference: Sell position is envisaged if price trades below 16265.55 with take profit at 16247.97 Fundamentals:3:10pm USD FOMC Member Williams Speaks Comment: U.S. retail sales rose more than expected in October, a report showed Tuesday, building on momentum …

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Daily Market Analysis 17/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1860.51 with take profit at 1862.69. Bearish Preference: Sell position is envisaged if price trades below 1850.77 with take profit at 1848.45 . Fundamentals:None with high impact on the commodity Comment: Gold was up on Wednesday morning in Asia but remained near a recent low as …

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Daily Market Analysis 12/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1861.11 with take profit at 1864.93. Bearish Preference: Sell position is envisaged if price trades below 1853.26 with take profit at 1848.78. Fundamentals:4pm USD JOLTS Job OpeningsUSD Prelim UoM Consumers Sentiments Comment: Gold was down on Friday morning in Asia, but was set for its biggest weekly …

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Daily Market Analysis 11/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1868.78 with take profit at 1870.79. Bearish Preference: Sell position is envisaged if price trades below 1855.48 with take profit at 1852.81. Fundamentals:No major fundamental Comment: Gold blasted through $1835 resistance yesterday after US October CPI recorded the highest print in over 30 years. While the …

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Daily Market Analysis 10/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1827.93 with take profit at 1829.96 Bearish Preference: Sell position is envisaged if price trades below 1822.14 with take profit at 1820.26 Fundamentals:2:30pm USD CPI m/m USD Core CPI m/m Comment: Gold was down on Wednesday morning in Asia, retreating from a more than two-month high …

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