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Daily Market Analysis 05.09.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 0.99470 with take profit at 0.99652 Bearish Preference: A sell position is envisaged if price trades below price 0.99083 with take profit at 0.98906 Fundamentals:1:30pm    USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The U.S. dollar rose to a new two-decade high in …

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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 03/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15004.23 with take profit at 15022.81. Bearish Preference: Sell position is envisaged if price trades below 14964.77 with take profit at 14943.17. Fundamentals:No Major Fundamental Comment: Stocks in the US closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the …

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Daily Market Analysis 12|05|2021: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 69.65 with take profit at 69.80. Bearish Preference: Sell position is envisaged if price trades below 69.15 with take profit at 69.01. Fundamentals:3:30 pm USD Crude Oil Inventories Comment: Oil markets maintained their wait-and-see approach to the noise and tail-chasing seen elsewhere overnight. The Colonial pipeline cyberattack …

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