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Daily Market Analysis 20/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1788.72 with take profit at 1789.81. Bearish Preference: Sell position is envisaged if price trades below 1781.97 with take profit at 1780.54. Fundamentals:No major fundamental Comment: Gold was slightly higher Friday morning in Asia, with a stronger dollar taking some of the luster from a recent …

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Daily Market Analysis 16/07/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.194 with take profit at 110.297. Bearish Preference: Sell position is envisaged if price trades below 109.869 with take profit at 109.773. Fundamentals:1:30 PM  USD Core retail Sales                USD Retail Sales3:00PM  USD Prelim UoM          …

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Daily Market Analysis 30/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19114 with take profit at 1.19228. Bearish Preference: Sell position is envisaged if price trades below 1.18924 with take profit at 1.18817. Fundamentals:1:15pm    USD ADP Non-Farm Employment Change Comment: The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of …

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Daily Market Analysis 24|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.21986 with take profit at 1.22088. Bearish Preference: Sell position is envisaged if price trades below 1.21862 with take profit at 1.21758. Fundamentals:ALL DAY: EUR. French Bank Holiday Comment: The Euro has a mostly positive turn through the middle of May, even if the headline stats don’t appear …

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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 03|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20608 with take profit at 1.20708. Bearish Preference: Sell position is envisaged if price trades below 1.20426 with take profit at 1.20328. Fundamentals:None with high impact  Comment:  The Euro started the day on a positive note, after German retail sales for March turned out considerably …

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