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Daily Market Analysis 12.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1792.51 with take profit at 1794.42 Bearish Preference: Sell position is envisaged if price trades below 1789.01 with take profit at 1787.26 Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment  Comment:The greenback’s slide continued into Thursday, falling as much as 0.57% early in the session, but then clawed back …

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Daily Market Analysis 04.08.2022: USDJPY

USDJPY Ananlysis

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 134.751 with Take Profit at 135.430 Bearish Preference: Sell position is envisaged if price trades  below 133.292 with Take Profit at 132.984 Fundamentals:1:30pm USD Unemployment Claims Comment: “The yen will stay weak whilst the BOJ maintains its YCC (yield-curve control) policy,” said Tony Nyman at Informa Global …

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Daily Market Analysis 06/09/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 109.995 with take profit at price 110.076. Bearish Preference: A sell position is envisaged if price trades below price 109.803 with take profit at price 109.728. Fundamentals: No major Fundamentals Comment: The dollar edged higher in early European trading Monday, but remained near a one-month low as …

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