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Daily Market Analysis 12.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.17081 with take profit at 1.17236 Bearish Preference: A Sell position is envisaged if price trades below price 1.16699 with take profit at 1.16545 Fundamentals:7:00am GBP GDP m/m Comment: GBP/USD rose 0.7% to 1.1667, piggy-backing on the euro’s gains versus the dollar, although the latest economic data showed …

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Daily Market Analysis 03/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1783.94 with take profit at 1785.90. Bearish Preference: Sell position is envisaged if price trades below 1777.60 with take profit at 1775.79. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI7:00pm USD FOMC Statement7:30pm USD FOMC Press Conference Comment:Gold was down on Wednesday morning …

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Daily Market Analysis 06/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15172.46 with take profit at 15189.56. Bearish Preference: Sell position is envisaged if price trades below 15126.57  with take profit at 15113.95. Fundamentals:1:30pm    USD    Average Hourly Earnings m/m                    USD    Non-Farm Employment Change              …

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