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Daily Market Analysis 13|04|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18979 with take profit at 1.19093. Bearish Preference: Sell position is envisaged if price trades below 1.18851 with take profit at 1.18743. Fundamentals:1:30pm   USD   CPI m/m                  USD    Core CPI m/m  Comment:  The US Indices have thought pretty well …

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Daily Market Analysis 13|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged  if price trades above 1.37627 with take profit at 1.37739. Bearish Preference: Sell position is envisaged if price trades below 1.37312 with take profit at 1.37111. Fundamentals:1:30pm  USD    CPI m/m                  USD    Core CPI m/m Comment: The dollar edged higher in early European trading Tuesday, helped …

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Daily Market Analysis 13|04|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13835.09 with take profit at 13855.93. Bearish Preference: Sell position is envisaged if price trades below 13792.63 with take profit at 13778.73. Fundamentals:1:30pm   USD   CPI m/m                  USD    Core CPI m/m  Comment:  The US Indices  ended lower on Monday, …

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Daily Market Analysis 12|04|2021: EURGBP

Instrument: EURGBP Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above  1.37566 with a take profit at price 1.37749. Bearish Preference: A Sell position is envisaged if price trades below price 1.37003 with a take profit at price 1.36761. Fundamentals:No major fundamental Comment: The Pound has come under notable pressure in recent sessions with last week …

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Daily Market Analysis 12|04|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  13812.77 with a take profit at price 13831.55. Bearish Preference: A Sell position is envisaged if price trades below price 13744.54 with take profit at price 13729.84. Fundamentals:No major Fundamental  Comment:  US equities enjoyed a modest gain last week as the Dow Jones and S&P …

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Daily Market Analysis 12|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above  1.37566 with a take profit at price 1.37749. Bearish Preference: A Sell position is envisaged if price trades below price 1.37003 with a take profit at price 1.36761. Fundamentals:No major fundamental Comment: The UK has vaccinated nearly 30 million people (as we write) with a …

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Daily Market Analysis 12|04|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  1746.64 with a take profit at price 1751.52. Bearish Preference: A Sell position is envisaged if price trades below price 1736.53 with take profit at price 1732.05. Fundamentals:No major Fundamental  Comment:  Gold was down on Friday morning in Asia but was hovering close to …

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Daily Market Analysis 09|04|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 63.60 with take profit at 63.90. Bearish Preference: Sell position is envisaged if price trades below 62.29 with take profit at 61.95. Fundamentals:No major fundamental Comment: Oil had another sideways day in a narrow range overnight, with the opposing forces of higher production versus a weaker …

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Daily Market Analysis 09|04|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1751.08 with take profit at 1754.17. Bearish Preference: Sell position is envisaged if price trades below 1741.98 with take profit at 1736.39. Fundamentals:1:30 Pm USD  Core PPI m/m              USD  PPI m/m3:00 pm USD  Final Wholesale Inventories m/m  Comment:  Gold …

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Daily Market Analysis 09|04|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 109.642 with take profit at 109.742 Bearish Preference: Sell position is envisaged if price trades below 109.136 with take profit at 109.006. Fundamentals:1:30 pm USD  Core PPI m/m              USD  PPI m/m3:00 pm USD  Final Wholesale Inventories m/m Comment: The dollar was up …

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