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Daily Market Analysis 03|06|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.944 with take profit at 110.044. Bearish Preference: Sell position is envisaged if price trades below 109.640 with take profit at 109.536. Fundamentals:USD 1:15PM   ADP Non-Farm Employment Change         1:30PM   Unemployment Claims Comment: The market’s sentiment fluctuates accordingly to the chances of …

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Daily Market Analysis 02|06|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 109.807 with take profit at price 109.907. Bearish Preference: A sell position is envisaged if price trades below price  109.589  with take profit at price 109.494. Fundamentals:No Major Fundamentals Comment: The dollar edged higher in early European trade Wednesday, climbing from a near five-month …

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Daily Market Analysis 26|04|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above price 1.21168 with take profit at price 1.21305. Bearish Preference: A sell position is envisaged if price trades below price 1.20832 with take profit at price 1.20700. Fundamentals:EUR Zone 9AM: German ifo Business Climate Comment: EUR/USD appears to be stuck in a narrow range as …

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Daily Market Analysis 26|04|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  1780.60 with a take profit at price 1783.71. Bearish Preference: A Sell position is envisaged if price trades below price 1772.54 with a take profit at price 1769.57. Fundamentals:No major fundamental.  Comment:  The price of gold pulls back from a fresh monthly high ($1798) …

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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 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 09|04|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19091 with take profit at 1.19286. Bearish Preference: Sell position is envisaged if price trades below 1.18818 with take profit at 1.18629. Fundamentals:1:30 Pm USD  Core PPI m/m              USD  PPI m/m3:00 pm USD  Final Wholesale Inventories m/m  Comment:  The …

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