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Daily Market Analysis 29/09/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1742.72 with take profit at 1744.94. Bearish Preference: A Sell position is envisaged if price trades below price 1735.66 with take profit at 1732.75. Fundamentals:4:45pm USD Fed Chair Powell Speaks Comment: Gold was up on Wednesday morning in Asia, remaining near a seven-week low. A …

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Daily Market Analysis 28/09/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1747.05 with take profit at 1749.56 Bearish Preference: Sell position is envisaged if price trades below 1734.95 with take profit at 1731.63 Fundamentals:3PM USD: Fed Chair Powell Testifies Comment: Gold prices are muted through the start of the trading week, with a lack of potential …

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Daily Market Analysis 16/09/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1776.76 with take profit at price 1779.08. Bearish Preference: A sell position is envisaged if price trades below price 1769.80 with take profit at price 1767.58. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The Fed will hand down its latest policy …

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Daily Market Analysis 16/09/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.467 with take profit at 109.557. Bearish Preference: Sell position is envisaged if price trades below 109.313 with take profit at 109.229. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The dollar drifted higher Thursday, with traders keeping their powder dry ahead of …

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Daily Market Analysis 16/09/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38380 with take profit at 1.38485. Bearish Preference: Sell position is envisaged if price trades below 1.38093 with take profit at 1.37987. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The dollar drifted higher Thursday, with traders keeping their powder dry ahead of …

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Daily Market Analysis 05/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39281 with take profit at 1.39434. Bearish Preference: Sell position is envisaged if price trades below 1.38951 with take profit at 1.38793. Fundamentals:GBP 12:30PM    Asset Purchase Facility                           BOE Monetary Policy Report    …

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Daily Market Analysis 28/07/2021:

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15001.64 with take profit at 15027.61. Bearish Preference: Sell position is envisaged if price trades below 14947.90 with take profit at 14920.14. Fundamentals:7:00pm    USD FOMC Statement Comment: Wall Street snapped a five-session winning streak on Tuesday before a policy update from the Federal Reserve, though things …

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Daily Market Analysis 15/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1829.06 with take profit at 1831.92. Bearish Preference: Sell position is envisaged if price trades below 1821.17 with take profit at 1817.57. Fundamentals:1:30 PM USD Unemployment                      Claims               Philly …

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Daily Market Analysis 07/07/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38227 with take profit at 1.38358. Bearish Preference: Sell position is envisaged if price trades below 1.37975 with take profit at 1.37813. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: The dollar edged lower in early European trade Wednesday ahead of the release of the keenly-awaited minutes from the …

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Daily Market Analysis 02/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18509 with take profit at 1.18638. Bearish Preference: Sell position is envisaged if price trades below 1.18147 with take profit at 1.18013. Fundamentals:1:30 pm   EUR    ECB President Lagarde Speaks                USD    Average Hourly Earnings m/m        …

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