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Daily Market Analysis 09/11/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16069.6 with take profit at 16087.7 Bearish Preference: Sell position is envisaged if price trades below 16035.4 with take profit at 16018.0 Fundamentals:11:00am EUR ZEW Economic SentimentEUR German ZEW Economic Sentiment2:00pm EUR ECB President Lagarde Speaks Comment: Strength in commodity-linked sectors helped European stocks inch …

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Daily Market Analysis 10/08/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17409 with take profit at 1.17560. Bearish Preference: Sell position is envisaged if price trades below 1.17122 with take profit at 1.16971. Fundamentals:No Major Fundamental Comment: The disappointing ZEW Survey readings from the euro area seems to be weighing on the shared currency on Tuesday. The …

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Daily Market Analysis 17/06/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.935 with take profit at 111.064. Bearish Preference: Sell position is envisaged if price trades below 110.475 with take profit at 110.371. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index              USD    Unemployment Claims Comment: The greenback maintained its strong stance through the …

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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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