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Daily Market Analysis 18.03.2022: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 119.190 take profit at 119.376. Bearish Preference: Sell position is envisaged if price trades below 118.648 take profit at 118.487. Fundamentals:No Major Fundamental Comment: The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors …

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Daily Market Analysis 14/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32566 with take profit at 1.32694. Bearish Preference: Sell position is envisaged if price trades below 1.32375 with take profit at 1.32238. Fundamentals:No Major Fundamental. Comment: The UK kicked off 2021 with an advantage – it secured more vaccines than its peers in the West, and …

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Daily Market Analysis 12/11/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.14594 with take profit at 1.14716 Bearish Preference: Sell position is envisaged if price trades below 1.14329 with take profit at 1.14180 Fundamentals:4pm USD JOLTS Job Openings USD Prelim UoM Consumers Sentiments Comment: The U.S. dollar headed for its best week in almost five months …

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Daily Market Analysis 05/11/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15482 with take profit at 1.15625. Bearish Preference: Sell position is envisaged if price trades below 1.15197 with take profit at 1.15057. Fundamentals:1:30pm USD Average Hourly Earnings m/m     USD Non-Farm Employment Change     USD Unemployment Rate Comment: EURUSD edged lower this week as the dollar …

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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 14/10/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.37032 with take profit at 1.37156. Bearish Preference: A Sell position is envisaged if price trades below price 1.36783 with take profit at 1.36683. Fundamentals:1:30pm USD PPI m/m             USD Core PPI m/m            USD Unemployment …

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Daily Market Analysis 20/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36344 with take profit at 1.36472. Bearish Preference: Sell position is envisaged if price trades below 1.36008 with take profit at 1.35885. Fundamentals:No major fundamentals Comment: The U.S. dollar hit a new 9-1/2-month high against major peers on Friday, buoyed by fears that the Delta …

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Daily Market Analysis 20/08/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.29222 with take profit at 1.29394. Bearish Preference: Sell position is envisaged if price trades below 1.28463 with take profit at 1.28274. Fundamentals:1:30pm CAD Core Retail Sales                          m/m Comment: The safe-haven U.S. dollar …

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