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Daily Market Analysis 01/12/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 15326.3 with take profit at 15378.0. Bearish Preference: A Sell position is envisaged if price trades below price 15178.3 with take profit at 15131.8. Fundamentals:No Major Fundamental Comment: Uncertainty about the COVID-19 pandemic has not dented prospects for European stocks to hit record highs in …

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Daily Market Analysis 06/07/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15584.8 with take profit at 15612.9. Bearish Preference: Sell position is envisaged if price trades below 15529.3 with take profit at 15506.7. Fundamentals:10:00 am  EUR    ZEW Economic Sentiment      EUR    German ZEW Economic Sentiment Comment: European stock markets edged lower Monday, with investors keeping a wary eye on the …

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Daily Market Analysis 26|05|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.58 with take profit at 68.85. Bearish Preference: Sell position is envisaged if price trades below 67.63 with take profit at 67.39. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil traded in a narrow range early today, supported by optimism about improving U.S. fuel demand and a …

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Daily Market Analysis 05|05|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1780.68 with take profit at 1782.21. Bearish Preference: Sell position is envisaged if price trades below 1775.83 with take profit at 1773.46. Fundamentals:No Major fundamentals  Comment:  A stronger US dollar and the prospect of higher interest rates is not a good combination for gold. The …

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