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october

Daily Market Analysis 04.10.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.13776 with take profit at 1.13968 Bearish Preference: Sell position is envisaged if price trades below 1.12972 with take profit at 1.12809 Fundamentals:3:00pm USD JOLTS Job Openings Comment: GBP/USD climbed 0.5% to $1.1375 in the wake of the British government’s decision to reverse the proposed scrapping of the highest …

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Daily Market Analysis 04.10.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 89.93 with take profit at 90.14 Bearish Preference: Sell position is envisaged if price trades below 89.17 with take profit at 88.96 Fundamentals:No major fundamental  Comment: Crude oil prices are extending overnight gains, fostered by a softer US Dollar and implications of a possible pullback in global production …

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Daily Market Analysis 04.10.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1713.80 with take profit at  1718.04 Bearish Preference: Sell position is envisaged if price trades below 1703.98 with take profit at 1700.86 Fundamentals:USD:  JOLTS Job Openings Comment: Gold prices rose slightly on Friday as pressure from the dollar eased further, but were set for a sixth straight month …

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Daily Market Analysis 24/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33908 with take profit at 1.34044. Bearish Preference: Sell position is envisaged if price trades below 1.33663 with take profit at 1.33568. Fundamentals:2:30pm USD Prelim GDP q/q USD Unemployment Claim4:00pm USD Core PCE Price Index m/m8:00pm USD FOMC Meeting Minutes Comment: The US Dollar Index …

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Daily Market Analysis 29/10/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.34 with take profit at 84.58 Bearish Preference: Sell position is envisaged if price trades below 83.42 with take profit at 83.23 Fundamentals:No major fundamental Comment: Oil rose further above $84 a barrel on Friday, within sight of a multi-year high hit this week, as expectations …

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Daily Market Analysis 29/10/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38033 with take profit at 1.38134. Bearish Preference: Sell position is envisaged if price trades below 1.37738  with take profit at 1.37642. Fundamentals:1:30pm USD Core PCE price    IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The GBP/USD pair has managed to erase a portion of …

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Daily Market Analysis 29/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1798.47 with take profit at 1800.59 Bearish Preference: Sell position is envisaged if price trades below 1793.22 with take profit at 1790.35 Fundamentals:1:30pm USD Core PCE price    IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: Gold was down on Friday morning in Asia, …

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Daily Market Analysis 29/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16793 with take profit at 1.16889. Bearish Preference: Sell position is envisaged if price trades below 1.16544 with take profit at 1.16441. Fundamentals:1:30pm USD Core PCE price    IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The dollar hovered near its weakest level in a …

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Daily Market Analysis 28/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.70 with take profit at 1809.83 Bearish Preference: Sell position is envisaged if price trades below 1794.35 with take profit at 1789.05 Fundamentals:1:30pm Advanced GDP 1:30pmUnemployment Claims Comment: Gold up as US Bond Yields Falls. We are in a consolidation period for gold, but policy …

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Daily Market Analysis 28/10/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.670 with take profit at 113.799. Bearish Preference: Sell position is envisaged if price trades below 113.474 with take profit at 113.357. Fundamentals:1:30PM US Advance GDP q/q1:30pm Unemployment Claims Comment: The dollar edged higher in early European hours Thursday, with policy decisions by central bankers in …

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