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Daily Market Analysis 14|05|2021: EURGBP

Instrument: EURGBP Technical Analysis Bullish Preference: Buy is envisage if price trades above 0.86353 with take profit at 0.86470. Bearish Preference: Sell is envisaged if price trades below 0.86007 with take profit at 0.85895. Fundamentals:None with high impact.  Comment:  The EUR/GBP cross edged lower through the first half of the European session and dropped to fresh one-month-lows, around the …

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Daily Market Analysis 12|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.21507 with take profit at 1.21687. Bearish Preference: Sell position is envisaged if price trades below 1.21203 with take profit at 1.21017. Fundamentals:1:30 pm USD CPI m/m              USD Core CPI m/m Comment: The dollar edged higher in early European trade Wednesday, …

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