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Daily Market Analysis 25|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.22849 with take profit at 1.23051. Bearish Preference: Sell position is envisaged if price trades below 1.22357 with take profit at 1.22149. Fundamentals:9:00am    EUR    German ifo Business Climate3:00pm    USD    CB Consumer Confidence Comment: The dollar weakened in early European trade Tuesday, with Federal Reserve officials keen …

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Daily Market Analysis 20|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22084 with take profit at 1.22194. Bearish Preference: Sell position is envisaged if price trades below 1.21882 with take profit at 1.21796. Fundamentals:1:00pm  EUR   ECB President Lagarde Speaks 1:30pm  USD   Philly Fed Manufacturing Index Unemployment Claims Comment: U.S. stocks are seen opening sharply lower Wednesday, continuing the downward …

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Daily Market Analysis 20|05|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1875.86 with take profit at 1878.32. Bearish Preference: Sell position is envisaged if price trades below 1869.04 with take profit at 1866.05. Fundamentals:1:30 pm  USD  Philly Fed Manufacturing Index Unemployment Claims Comment: Gold was down on Thursday morning in Asia but remained just below the four-month …

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Daily Market Analysis 19|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13071.57 with take profit at 13120.40. Bearish Preference: Sell position is envisaged if price trades below 12980.63 with take profit at 12943.55. Fundamentals:7:00 pm  USD FOMC Meeting Minutes  Comment: U.S. stocks are seen opening sharply lower Wednesday, continuing the downward move from the previous session, with …

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Daily Market Analysis 14|05|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy is envisage if price trades above 109.532 with take profit at 109.634. Bearish Preference: Sell is envisaged if price trades below 109.245 with take profit at 109.128. Fundamentals:1:30 pm     USD     Core Retail Sales m/m                  USD     Retail Sales m/m2:15 pm     …

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Daily Market Analysis 30|04|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: A buy is envisaged if price trades above 109.060 with take profit at 109.170. Bearish Preference: A sell is envisaged if price trades below 108.675 with take profit at 108.535. Fundamentals:None with high impact  Comment:  The dollar was up on Friday morning in Asia but was set for a fourth consecutive week of …

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Daily Market Analysis 29|04|2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.23253 with take profit at 1.23456. Bearish Preference: Sell is envisaged if price trades below 1.22771 with take profit at 1.22597. Fundamentals:USD 1:30PM Advance GDP q/q                      Advance GDP Price Index q/q          …

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