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Daily Market Analysis 24/08/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.769 with take profit at 109.864. Bearish Preference: Sell position is envisaged if price trades below 109.614 with take profit at 109.522. Fundamentals:No major fundamental Comment: The Dollar/Yen is edging higher on Tuesday but remains inside last Thursday’s wide range, suggesting investor indecision and impending volatility. Treasury yields late …

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Daily Market Analysis 13/07/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14890.22 with take profit at 14909.63. Bearish Preference: Sell position is envisaged if price trades below 14823.24 with take profit at 14807.97. Fundamentals:1:30 pm  USD    CPI m/m              USD    Core CPI m/m    6:01pm USD  30-y Bond Auction Comment: U.S. stocks are …

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Daily Market Analysis 01/07/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1780.02 with take profit at 1782.27. Bearish Preference: Sell position is envisaged if price trades below 1771.91 with take profit at 1769.54. Fundamentals:USD 1:30 PM Unemployment Claims         3:30 PM ISM Manufacturing PMI Comment: The dollar was headed for its biggest monthly rise …

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