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Daily Market Analysis 25.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1840.46 with take profit at 1842.43 . Bearish Preference: Sell position is envisaged if price trades below 1835.99 with take profit at 1833.84. Fundamentals:4:00pm USD CB Consumer Confidence Comment: Gold futures are edging lower on Tuesday, as concerns about a faster pace of policy tightening by …

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Daily Market Analysis 15/12/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 1771.89 with take profit at 1773.79. Bearish Preference: Sell position is envisaged if price trades below 1764.94 with take profit at 1762.62. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m8:00pm USD FOMC Economic Projections Comment: Gold was down on Wednesday morning in Asia, as …

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Daily Market Analysis 14/12/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 1785.97 with take profit at 1787.65. Bearish Preference: Sell position is envisaged if price trades below 1781.63 with take profit at 1779.97. Fundamentals:No major fundamental Comment: Gold prices were down on Tuesday morning, but moves were small as investors await decisions from key central banks …

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Daily Market Analysis 14/12/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.12844 with take profit at 1.12926. Bearish Preference: Sell position is envisaged if price trades below 1.12642 with take profit at 1.12546. Fundamentals:2:30pm USD PPI m/mUSD Core PPI m/m Comment: This is a potentially very volatile week for the EURUSD pair as both US and European …

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Daily Market Analysis 13/12/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1786.65 with take profit at 1788.34. Bearish Preference: Sell position is envisaged if price trades below 1782.04 with take profit at 1780.34. Fundamentals:6:00pm GBP Bank Stress Test Results6:30pm GBP BOE Gov Bailey Speaks Comment: Gold was up on Monday morning in Asia, as investors await key …

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Daily Market Analysis 15/11/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.14648 with take profit at 1.14746. Bearish Preference: Sell position is envisaged if price trades below 1.14262 with take profit at 1.14165. Fundamentals:No Major Fundamental Comment: The Euro is continuing to suffer from the perception that the European Central Bank will not be tightening monetary policy …

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Daily Market Analysis 11/11/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.14915 with take profit at 1.15079. Bearish Preference: Sell position is envisaged if price trades below 1.14508 with take profit at 1.14344. Fundamentals:11:00am: EU Economic Forecast Comment: U.S. consumer price index surged 6.2% on an annual basis last month, according to data released on Wednesday, climbing …

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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 05/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35153 with take profit at 1.35298. Bearish Preference: Sell position is envisaged if price trades below 1.34593 with take profit at 1.34427. Fundamentals:1:30pm USD Average Hourly Earnings m/m     USD Non-Farm Employment Change     USD Unemployment Rate Comment: GBP/USD lost 1.3% on Thursday and registered its …

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Daily Market Analysis 03/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1783.94 with take profit at 1785.90. Bearish Preference: Sell position is envisaged if price trades below 1777.60 with take profit at 1775.79. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI7:00pm USD FOMC Statement7:30pm USD FOMC Press Conference Comment:Gold was down on Wednesday morning …

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