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USDJPY Ananlysis

Daily Market Analysis 05.07.2022: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 136.115 with Take Profit at 136.341 Bearish Preference: Sell position is envisaged if price trades  below 135.781 with Take Profit at 135.576 Fundamentals:No major fundamental Comment: The initial optimism led by reports that US president Joe Biden was leaning toward a decision to ease tariffs on goods …

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Daily Market Analysis 04.07.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.21432 with take profit at 1.21628 Bearish Preference: Sell position is envisaged if price trades  below 1.20782 with take profit at 1.20514 Fundamentals:US Bank Holiday Comment: The U.S. dollar edged lower in early European trade Monday, but remained in demand as a safe haven due to worries about …

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Daily Market Analysis 29.06.2022: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1829.72 with take profit at 1832.14 Bearish Preference: Sell position is envisaged if price trades  below 1824.58 with take profit at 1822.86 Fundamentals:2:00pm    USD    Fed Chair Powell Speaks Comment: Gold was up on Wednesday morning in Asia, supported by recession concerns as U.S. 10-year Treasury yields …

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Daily Market Analysis 28.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1829.91 with take profit at  1831.67 Bearish Preference: Sell position is envisaged if price trades  below 1824.09 with take profit at 1822.33 Fundamentals:3:00PM      US DOLLARS: CB Consumer Confidence   Comment: Gold prices have edged lower in recent days, descending towards symmetrical triangle support in place since the …

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Daily Market Analysis 27.05.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 114.66 with take profit at 114.89 Bearish Preference: Sell position is envisaged if price trades below 113.47 with take profit at 113.17 Fundamentals:No Major Fundamental Comment: Oil prices dipped on Friday but stayed near a two-month high, with Brent crude on track for its biggest weekly jump in 1-1/2 months, …

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Daily Market Analysis 24.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1859.92 with take profit at  1862.80 Bearish Preference: Sell position is envisaged if price trades below 1850.56 with take profit at 1847.86 Fundamentals:No Major Fundamental Comment: Gold prices are attempting to close a four-day advance with XAU/USD rallying alongside equities today. The recovery off downtrend support is now …

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Daily Market Analysis 23.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1866.67 with take profit at 1869.91 Bearish Preference: Sell position is envisaged if price trades below 1850.24 with take profit at 1846.25 Fundamentals:No Major Fundamental Comment: Gold was up on Monday morning in Asia, hitting a more than one-week high. A weakening dollar continued to support the greenback-priced …

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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 22.04.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.08339 with take profit at 1.08435 Bearish Preference: Sell position is envisaged if price trades below 1.08057 with take profit at 1.07948 Fundamentals:6:00pm USD Fed Chair Powell Speaks Comment: The Euro edged lower on Friday after European Central Bank officials made mixed comments, while expectations of a 50 …

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Daily Market Analysis 12.04.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1961.17 with take profit at 1963.88 Bearish Preference: Sell position is envisaged if price trades below 1947.74 with take profit at 1944.17   Fundamentals:USD  1:30PM    CPI m/mUSD  1:30PM    Core CPI m/m Comment: Gold prices inched higher on Tuesday as appetite for risk weakened ahead of U.S. …

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