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Daily Market Analysis 30.08.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.00334 with take profit at 1.00517 Bearish Preference: A Sell position is envisaged if price trades below price 1.00056 with take profit at 0.99957 Fundamentals:3:00pm Consumer Confidence JOLTS Job Openings Comment:The price of gold slips to a fresh monthly low ($1720) as it carves a series …

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Daily Market Analysis 09.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1875.09 with take profit at 1878.44 Bearish Preference: Sell position is envisaged if price trades below 1866.58 with take profit at 1863.48 Fundamentals:None with high impact on the commodity Comment: The risk-averse market atmosphere is helping the dollar find demand as a safe haven at the start of …

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Daily Market Analysis 03.05.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 107.74 with take profit at  108.27 Bearish Preference: Sell position is envisaged if price trades below 105.98 with take profit at 105.72 Fundamentals:No major fundamemtal Comment: Oil prices are pacing higher on Tuesday through Asia-Pacific trading as energy prices extend gains from April amid supply concerns stemming from Russian …

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Daily Market Analysis 26.04.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1902.75 with take profit at 1906.65 Bearish Preference: Sell position is envisaged if price trades below 1895.41 with take profit at 1892.60 Fundamentals:No major Fundamental. Comment: Gold prices have went from feast to famine in a week. Just last Monday buyers were in-charge in a big way, …

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Daily Market Analysis 10.02.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.14333 with take profit at 1.14407. Bearish Preference: Sell position is envisaged if price trades below 1.14102 with take profit at 1.14025. Fundamentals:11:00am EUR EU Economic Forecasts2:30pm USD CPI  USD Core CPI m/mUSD Unemployment Claims Comment: European stock markets are expected to open largely unchanged Thursday ahead …

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Daily Market Analysis 26.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1848.13 with take profit at 1850.26 . Bearish Preference: Sell position is envisaged if price trades below 1841.74 with take profit at 1839.29 . Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: After having more than doubled the size of its balance sheet to over $9 …

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Daily Market Analysis 18|05|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1873.99 with take profit at 1876.85. Bearish Preference: Sell position is envisaged if price trades below 1866.43 with take profit at 1863.84. Fundamentals:No Major Fundamental Comment:  Asian shares rose on Tuesday, shrugging off worries about an increase in regional coronavirus infections, while inflation jitters helped …

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