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Daily Market Analysis 06/08/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18177 with take profit at 1.18302. Bearish Preference: Sell position is envisaged if price trades below 1.17946   with take profit at 1.17807. Fundamentals:1:30pm USD    Average Hourly Earnings m/m    USD     Non-Farm Employment Change    USD    Unemployment Rate Comment: The dollar was up on Friday morning in Asia …

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Daily Market Analysis 28/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1805.74 with take profit at 1807.65. Bearish Preference: Sell position is envisaged if price trades below 1802.96 with take profit at 1800.89. Fundamentals:7:00pm    USD FOMC Statement Comment: Gold seesawed between tepid gains/minor losses and finally settled with modest gains on Tuesday. The Federal Reserve is …

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Daily Market Analysis 27/07/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.190 with take profit at 110.324. Bearish Preference: Sell position is envisaged if price trades below 109.994 with take profit at 109.872. Fundamentals:8:30am    JPY    BOJ Gov                            Kuroda Speaks3:00pm    USD    CB Consumer        …

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Daily Market Analysis 22/07/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14890.77 with take profit at 14911.55. Bearish Preference: Sell position is envisaged if price trades below 14826.43 with take profit at 14805.11. Fundamentals:USD1:30 PM   Unemployment                             Claims        3:00PM  CB Leading Index  …

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Daily Market Analysis 13/07/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38611 with take profit at 1.38789. Bearish Preference: Sell position is envisaged if price trades below 1.38342 with take profit at 1.38161. Fundamentals:1:30pm USD  CPI m/m             USD  Core CPI m/m    6:01pm USD  30-y Bond Auction Comment: The dollar is largely unchanged in early European …

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