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Daily Market Analysis 04.10.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.13776 with take profit at 1.13968 Bearish Preference: Sell position is envisaged if price trades below 1.12972 with take profit at 1.12809 Fundamentals:3:00pm USD JOLTS Job Openings Comment: GBP/USD climbed 0.5% to $1.1375 in the wake of the British government’s decision to reverse the proposed scrapping of the highest …

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Daily Market Analysis 23.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11074.13 with take profit at  11737.15 Bearish Preference: Sell position is envisaged if price trades  below 11609.48 with take profit at 11556.16 Fundamentals:9:45am USD FlasH Manufacturing PMI              USD Flash Services PMI 3:00pm USD Fed Chair Powell Testifies Comment: A booming corner of the …

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Daily Market Analysis 01/10/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27453 with take profit at 1.27603. Bearish Preference: A Sell position is envisaged if price trades below price 1.26850 with take profit at 1.26720. Fundamentals:1:30pm CAD GDPUSD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: The loonie gained some traction on the back …

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