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vaccine

Daily Market Analysis 29/11/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.88 with take profit at 1800.02. Bearish Preference: Sell position is envisaged if price trades below 1789.49 with take profit at 1787.65. Fundamentals:U.S ZONE: Pending Home Sales m/m (4PM) Comment: Gold was up on Monday morning in Asia, with concerns over the impact of the possibly …

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Daily Market Analysis 24/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15425.54 with take profit at 15456.21. Bearish Preference: Sell position is envisaged if price trades below 15290.04 with take profit at 15265.87. Fundamentals:No major fundamental Comment: As stocks were up on Tuesday morning, with the first full approval for a COVID-19 vaccine expected to boost U.S. vaccination rates and assuaging …

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Daily Market Analysis 24/08/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17506 with take profit at 1.17645. Bearish Preference: Sell position is envisaged if price trades below 1.17271 with take profit at 1.17129. Fundamentals:No major fundamentals Comment: European stock markets are expected to edge higher at the open Tuesday, helped by a strong handover from Wall Street after the …

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Daily Market Analysis 29/06/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38709 with take profit at 1.38867. Bearish Preference: Sell position is envisaged if price trades below 1.38501 with take profit at 1.38394. Fundamentals:3:00pm    USD    CB Consumer Confidence. Comment: The dollar edged marginally higher in early European trade Tuesday, helped by concerns over the rise of …

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Daily Market Analysis 09/06/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41769 with take profit at 1.41875. Bearish Preference: Sell position is envisaged if price trades below 1.41586 with take profit at 141485. Fundamentals:None with high impact on the pair. Comment: The UK’s successful Covid-19 vaccine roll-out has probably contributed to sterling’s firmness these past few months. …

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Daily Market Analysis 25|05|2021: EURGBP

Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.86571 with take profit at 0.86673. Bearish Preference: Sell position is envisaged if price trades below 0.86457 with take profit at 0.86341. Fundamentals:No Major Fundamentals Comment: Coronavirus cases have been picking up in the UK. Britain had been leading the vaccine drive among large economies and also …

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Daily Market Analysis 07|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy is envisage if price trades above 1.20945 with take profit at 1.21095. Bearish Preference: Sell is envisaged if price trades below 1.20399 with take profit at 1.20249. Fundamentals:1:30 PM USD        Average Hourly Earnings m/m                  USD        Non-Farm Employment Change  …

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Daily Market Analysis 06|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy is envisage if price trades above 13581.48 with take profit at 13607.89. Bearish Preference: Sell is envisaged if price trades below 13506.21 with take profit at 13478.48. Fundamentals:USD 12:30 PM Challenger Job Cuts y/y        1:30 PM prelim Nonfarm Productivity                    …

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Daily Market Analysis 03|05|2021: EURGBP

Instrument: EURGBP Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above price 0.87011 with take profit at price 0.87089. Bearish Preference: A sell position is envisaged if price trades below price 0.86902 with take profit at price 0.86821. Fundamentals:None with high Impact Comment: Good news largely in the price for GBP with the UK’s vaccine advantage …

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Daily Market Analysis 12|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above  1.37566 with a take profit at price 1.37749. Bearish Preference: A Sell position is envisaged if price trades below price 1.37003 with a take profit at price 1.36761. Fundamentals:No major fundamental Comment: The UK has vaccinated nearly 30 million people (as we write) with a …

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