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Daily Market Analysis 04/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15078.68 with take profit at 15102.94. Bearish Preference: Sell position is envisaged if price trades below 15012.22 with take profit at 14988.62. Fundamentals:1:15pm    USD               ADP                   Non-Farm Employment              …

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Daily Market Analysis 14/06/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  109.835 with take profit at 109.966. Bearish Preference: Sell position is envisaged if price trades below 109.582 with take profit at 109.453. Fundamentals:No major Fundamentals Comment: The US Dollar (via the DXY Index) proved feeble in the wake of the May US nonfarm payrolls report, failing to gain …

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Daily Market Analysis 17|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.21532 with take profit at price 1.21621. Bearish Preference: A sell position is envisaged if price trades below price 1.21228 with take profit at price 21121. Fundamentals:None with high impact.  Comment:  The recent rally in EUR/USD appears to have stalled ahead of the …

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Daily Market Analysis 04|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13794.68 with take profit at 13816.42. Bearish Preference: Sell position is envisaged if price trades below13707.64 with take profit at 13689.63. Fundamentals:No Major fundamentals  Comment:  Asian share markets were mostly positive Tuesday as investors looked to signs of recovery from the coronavirus pandemic as major …

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Daily Market Analysis 05|02|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 105.745 with take profit at 105.854. Bearish Preference: Sell position is envisaged if price trades below 105.408 with take profit at 105.322. Fundamentals:2:30pm USD Average Hourly EarningsUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar was down on Friday morning in Asia but was still heading …

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