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Daily Market Analysis 24.10.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.13615 with take profit at  1.13839 Bearish Preference: Sell position is envisaged if price trades below 1.12951 with take profit at 1.12754 Fundamentals:9:30am     GBP Flash Manufacturing PMIGBP Flash Services PMI Comment: The U.S. dollar edged higher in early European trading Monday, absorbing suspected intervention by the …

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Daily Market Analysis 09.09.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.01172 with take profit at 1.01309 Bearish Preference: A Sell position is envisaged if price trades below price 1.00863 with take profit at 1.00753 Fundamentals:10:30am EUR ECB President Lagarde Speaks Comment: New U.K. prime minister, Liz Truss, announced plans on Thursday to cap consumer energy bills for two …

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Daily Market Analysis 05.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.15149 with take profit at  1.15384. Bearish Preference: A Sell position is envisaged if price trades below price 1.14379 with take profit at 1.14168. Fundamentals:All Day USD Bank Holiday Comment: The U.S. dollar rose to a new two-decade high in early European trade Friday, while …

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Daily Market Analysis 11.07.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.20013 with take profit at 1.20178 Bearish Preference: Sell position is envisaged if price trades below price 1.19466 with take profit at 1.19310 Fundamentals:3:15pm GBP BOE Gov Bailey Speaks Comment: GBP/USD fell 0.4%, with the political uncertainty surrounding the ruling Conservative party’s choice of their next …

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Daily Market Analysis 28/09/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 111.448 with take profit at 111.609. Bearish Preference: A Sell position is envisaged if price trades below price 111.209 with take profit at 111.031. Fundamentals:3PM USD: Fed Chair Powell TestifiesCB Consumer Confidence Comment: The dollar edged higher in early European trade Tuesday, boosted by rising …

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Daily Market Analysis 23/09/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27097 with take profit at 1.27229. Bearish Preference: Sell position is envisaged if price trades below 1.26473 with take profit at 1.26258. Fundamentals:1:30pm CAD Core Retail Sales m/m Retail Sales m/m USD Unemployment Claims2:45PM USD Flash Manufacturing PMI Flash Services PMI Comment: USD/CAD appears to be …

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Daily Market Analysis 11|02|2021: USDCAD

Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1.26669 with take profit at 1.26399 Bullish Preference: Buy is envisaged if price trades above 1.26964 with take profit at 1.27082 Fundamentals:2:30pm USD Unemployment Claims Comment: The monthly report published by the US Bureau of Labor Statistics showed on Wednesday that the Core Consumer Price Index (CPI) …

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Daily Market Analysis 05|01|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1945.50 with take profit at 1961.40. Bearish Preference: Sell is envisaged if price trades below 1935.89 with take profit at 1924.37. Fundamentals:ISM Manufacturing PMI (USD) 4 PM Comment: Gold went slightly down on Tuesday morning, with investors eagerly waiting the results of a runoff election in …

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