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thursday

Daily Market Analysis 04.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 97.50  with Take Profit at 98.70 Bearish Preference: Sell position is envisaged if price trades  below 96.10 with Take Profit at 95.20 Fundamentals:No major fundamental Comment:OPEC leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a “significant increase” in oil output should the world …

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Daily Market Analysis 04.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1776.30 with take profit at 1781.83 Bearish Preference: Sell position is envisaged if price trades  below 1769.10 with take profit at  1763.70 Fundamentals:1:30PM USD Unemployment Claims5:00PM USD FOMC Member Mester Speaks Comment:Gold prices edged higher on Thursday, with most other precious metals marking small gains after a rally …

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USDCAD Analysis

Daily Market Analysis 04.08.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.28550 with take profit at 1.28623 Bearish Preference: Sell position is envisaged if price trades  below 1.28295 with take profit at  1.28198 Fundamentals:1:30PM USD Unemployment Claims5:00PM USD FOMC Member Mester Speaks Comment: USD/CAD rose 0.1% to 1.3127, with the greenback regaining its poise after the Bank of Canada went all …

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Daily Market Analysis 28.07.2022: OIL

Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 105.19 with take profit at 106.49 Bearish Preference: Sell position is envisaged if price trades  below 102.77 with take profit at 101.46 Fundamentals:1:30pm USD  Advance GDP q/q Comment:Oil rose more than $1 a barrel on today, extending gains from the previous session, buoyed by improved risk …

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USDJPY Ananlysis

Daily Market Analysis 28.07.2022: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 136.020 with take profit at 136.404 Bearish Preference: Sell position is envisaged if price trades  below 135.256 with take profit at 134.851 Fundamentals:1:30pm USD Unemployment Claims              USD Advance GDP              USD Advance GDP Price Index Comment:Fed increased its …

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Daily Market Analysis 28.07.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13228.2 with take profit at 13266.3 Bearish Preference: Sell position is envisaged if price trades  below 13141.9 with take profit at 13102.2 Fundamentals:No major fundamental Comment:European Stocks Rise Amid Fed Decision Expectations, Earnings Glut European stocks opened higher on Wednesday, as traders await a key Federal Reserve …

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Daily Market Analysis 28.07.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.02070 with take profit at 1.02218 Bearish Preference: Sell position is envisaged if price trades  below 1.01741 with take profit at 1.01586 Fundamentals:No major fundamental Comment: Dollar Slips as Traders Weigh Powell Comments on Future Rate Hikes The dollar lost ground on Thursday as investors digested an …

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USDJPY Ananlysis

Daily Market Analysis 21.07.2022: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 138.918 with Take Profit at 139.208 Bearish Preference: Sell position is envisaged if price trades  below 138.445 with Take Profit at 138.194 Fundamentals:1:30pm    USD Philly Fed Manufacturing Index                USD Unemployment Claims Comment:USD/JPY rose 0.3% to 138.59, consolidating below last …

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Daily Market Analysis 21.07.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above  103.96  with Take Profit at 105.01 Bearish Preference: Sell position is envisaged if price trades  below 101.55 with Take Profit at 99.76 Fundamentals: No major fundamentals in direct bearing to this instrument. Comment: Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles stoked …

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Daily Market Analysis 21.07.2022: GOLD

Instrument: Gold  Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1694.77 with take profit at 1698.74 Bearish Preference: Sell position is envisaged if price trades  below 1687.90 with take profit at 1684.79 Fundamentals:1:30pm    USD Philly Fed Manufacturing Index                USD Unemployment Claims Comment:Gold Down and fell to the lowest in nearly …

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