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monday

Daily Market Analysis 03.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1825.93 with take profit at 1827.78 . Bearish Preference: Sell position is envisaged if price trades below 1821.44 with take profit at 1819.59 . Fundamentals:No Major Fundamental Comment: With higher vaccine efficacy shown by the Johnson & Johnson offering, the seriousness of the Omicron variant has …

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Daily Market Analysis 27/12/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13336 with take profit at 1.13424. Bearish Preference: Sell position is envisaged if price trades below 1.13141 with take profit at 1.13043. Fundamentals:No Major Fundamental Comment: EUR/USD grinds higher past 1.1300, picking up bids to 1.1325 during early Monday morning in Europe. In doing so, the …

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Daily Market Analysis 27/12/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1812.21 with take profit at 1813.34. Bearish Preference: Sell position is envisaged if price trades below 1805.91 with take profit at 1804.45. Fundamentals:No Major Fundamental Comment: The dollar was down on Friday, on course to end the week lower after encouraging signs from the pandemic …

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Daily Market Analysis 20/12/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15286.7 with take profit at 15334.6. Bearish Preference: Sell position is envisaged if price trades below 15176.8 with take profit at 15126.9. Fundamentals:No major fundamental Comment: Germany stocks were lower after the close on Friday, as losses in the Chemicals, Industrials and Technology sectors led …

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Daily Market Analysis 20/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32182 with take profit at 1.32319. Bearish Preference: Sell position is envisaged if price trades below 1.31909 with take profit at 1.31670. Fundamentals:No major fundamental Comment: The dollar rose in early European trade Monday, climbing close to its recent high, as the Federal Reserve pointed to …

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Daily Market Analysis 20/12/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.40 with take profit at 71.87. Bearish Preference: Sell position is envisaged if price trades below 70.73 with take profit at 70.34. Fundamentals:No major fundamental Comment: Crude oil prices went lower in the Asian session as risk assets came under pressure across the board. Markets were …

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Daily Market Analysis 20/12/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.75 with take profit at 1807.31. Bearish Preference: Sell position is envisaged if price trades below 1796.01 with take profit at 1791.67. Fundamentals:No major fundamental Comment: Gold was down on Monday morning in Asia as the Fed signaled an earlier interest rate hike, while fears …

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Daily Market Analysis 13/12/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27604 with take profit at 1.27789. Bearish Preference: Sell position is envisaged if price trades below 1.27299 with take profit at 1.27128. Fundamentals:No major fundamental Comment: USD/CAD has soared since late October amid weak oil prices and broad-based U.S. dollar strength, triggered by rising yields on …

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Daily Market Analysis 13/12/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades 15804.8 above with take profit at 15833.5. Bearish Preference: Sell position is envisaged if price trades below 15731.8 with take profit at 15697.6. Fundamentals:No major fundamental Comment: German stocks were lower after the close on Friday, as losses in the Retail, Technology and Consumer & Cyclical …

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Daily Market Analysis 13/12/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1786.65 with take profit at 1788.34. Bearish Preference: Sell position is envisaged if price trades below 1782.04 with take profit at 1780.34. Fundamentals:6:00pm GBP Bank Stress Test Results6:30pm GBP BOE Gov Bailey Speaks Comment: Gold was up on Monday morning in Asia, as investors await key …

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