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Daily Market Analysis 27.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1813.43 with take profit at 1815.94. Bearish Preference: Sell position is envisaged if price trades below 1807.55  with take profit at 1805.38. Fundamentals:2:30pm USD Advance GDP q/q  Comment: Gold was down on Thursday morning in Asia, extending its losses after falling the most in two months. Investors …

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Daily Market Analysis 27.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34417 with take profit at 1.34568. Bearish Preference: Sell position is envisaged if price trades below 1.34028 with take profit at 1.33874. Fundamentals:2:30pm USD Advance GDP q/q Comment: The dollar was up on Thursday morning in Asia, hitting multi-week highs. The safe-haven U.S. currency got a boost after …

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Daily Market Analysis 26.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1848.13 with take profit at 1850.26 . Bearish Preference: Sell position is envisaged if price trades below 1841.74 with take profit at 1839.29 . Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: After having more than doubled the size of its balance sheet to over $9 …

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Daily Market Analysis 25.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 14286.34 with take profit at 14360.91. Bearish Preference: Sell position is envisaged if price trades below 14131.86 with take profit at 14057.29. Fundamentals:4:00pm USD CB Consumer Confidence Comment: Asia Pacific stocks were down on Tuesday morning, alongside U.S. equity futures. U.S. shares closed a hair-raising volatile …

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Daily Market Analysis 20.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1840.02 with take profit at 1843.02. Bearish Preference: Sell position is envisaged if price trades below 1835.64 with take profit at 1832.10. Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claims Comment: Gold was down, on Thursday morning in Asia, with higher U.S. Treasury yields blocking …

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Daily Market Analysis 14.01.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15608.39 with take profit at 15702.65. Bearish Preference: Sell position is envisaged if price trades below 15385.59 with take profit at 15299.91. Fundamentals:2:30pm USD Retail Sales Comment: Stocks were mostly down on Friday morning, with a slew of U.S. Federal Reserve officials indicating faster-than-expected interest …

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Daily Market Analysis 12.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1824.38 with take profit at 1827.88. Bearish Preference: Sell position is envisaged if price trades below 1813.55 with take profit at 1811.15. Fundamentals:2:30pm USD Core CPI Comment: Gold was up on Wednesday morning in Asia. Investors shifted their focus to U.S. inflation data for interest rate …

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Daily Market Analysis 11.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.36042 with take profit at 1.36200. Bearish Preference: Sell position is envisaged if price trades below 1.35736 with Take Profit at 1.35630 . Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: U.K. retail sales jumped in December, growing 4.6% compared with December 2019, the British Retail Consortium …

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Daily Market Analysis 06.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1804.81 with take profit at 1807.31. Bearish Preference: Sell position is envisaged if price trades below 1796.65 with take profit at 1794.30. Fundamentals:2:30PM USD Unemployment Claims4:00PM USD ISM Services PMI Comment: The U.S. dollar edged lower overall in early European trade Wednesday, handing back some overnight …

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Daily Market Analysis 04.01.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13056 with take profit at 1.13140. Bearish Preference: Sell position is envisaged if price trades below 1.12944 with take profit at 1.12869. Fundamentals:9:00pm EUR Spanish Unemployment Change4:00pm USD ISM Manufacturing PMI             USD JOLTS Job Openings Comment: The U.S. dollar pushed …

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