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Daily Market Analysis 12.08.2022: USDJPY

USDJPY Ananlysis

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 133.595 with take profit at 133.823 Bearish Preference: Sell position is envisaged if price trades below 132.835 with take profit at 132.581 Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment  Comment:The U.S. dollar edged higher in early European trade Friday, rebounding to a degree after a two-day selloff as …

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Daily Market Analysis 12.08.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13803.1 with take profit at 13813.3 Bearish Preference: Sell position is envisaged if price trades below 13741.3 with take profit at 13727.4 Fundamentals:No Major Fundamental Comment: European markets moved higher on Thursday, boosted by strong gains on Wall Street overnight after weaker-than-expected U.S. inflation eased the pressure on …

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Daily Market Analysis 11/08/2021:

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15033.57 with take profit at 15045.43. Bearish Preference: Sell position is envisaged if price trades below 14999.42 with take profit at 14983.45. Fundamentals:1:30pm     USD CPI m/m                 USD Core CPI m/m Comment: Stock indices are mixed as Wall Street awaits July …

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