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Daily Market Analysis 16.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.35761 with take profit at 1.35921. Bearish Preference: Sell position is envisaged if price trades below 1.35192 with take profit at 1.35010. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m 3:15pmUSD Industrial Production m/m8:00pm USD FOMC Meeting Minutes Comment: The GBP/USD pair maintained its bid …

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Daily Market Analysis 21.01.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25381 with take profit at 1.25557. Bearish Preference: Sell position is envisaged if price trades below 1.25043 with take profit at 1.24914. Fundamentals:2:30 PM CAD – Core retail salesCAD – Retail sales Comment: The USD/CAD pair maintained its bid tone heading into the European session …

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Daily Market Analysis 11/11/2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16098.2 with take profit at 16107.9 Bearish Preference: Sell position is envisaged if price trades below 16062.8 with take profit at 16051.9 Fundamentals:No major fundamental Comment: The tone in Europe is seen as been circumspect as the region’s central bank is seen as being way …

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Daily Market Analysis 08/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35157 with take profit at 1.35400. Bearish Preference: Sell position is envisaged if price trades below 1.34702 with take profit at 134502. Fundamentals:4:30pm USD Fed Chair Powell Speaks Comment: The USD/JPY pair maintained its bid tone heading into the European session and was last seen trading …

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Daily Market Analysis 08/11/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.677 with take profit at 113.773. Bearish Preference: Sell position is envisaged if price trades below 113.456 with take profit at 113.356. Fundamentals:4:30pm USD Fed Chair Powell Speaks Comment: The USD/JPY pair maintained its bid tone heading into the European session and was last seen trading …

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Daily Market Analysis 27/09/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1750.90 with take profit at 1753.77. Bearish Preference: Sell position is envisaged if price trades below 1746.48 with take profit at 1744.22. Fundamentals: No Major Fundamental Comment: Gold (XAU/USD) is struggling to extend the bounce from Friday as risk sentiment holds a positive tone into …

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Daily Market Analysis 08/07/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18145 with take profit at 1.18288. Bearish Preference: Sell position is envisaged if price trades below 1.17772  with take profit at 1.17614. Fundamentals:1:30pm    USD    Unemployment ClaimsTentative    EUR    ECB President Lagarde Speaks Comment: The dollar maintained a strong tone in early European trade Thursday after the …

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Daily Market Analysis 30/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19114 with take profit at 1.19228. Bearish Preference: Sell position is envisaged if price trades below 1.18924 with take profit at 1.18817. Fundamentals:1:15pm    USD ADP Non-Farm Employment Change Comment: The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of …

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