USDCHF Market Analysis 18|05|2020 – Video
Daily Market Analysis 18|05|2020: EURUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08113 with take profit at 1.07834 Alternative scenario: Buy position is envisaged if price trades above 1.08286 with take profit at 1.08451 Fundamentals:No major economic data expected today Comment: The hawkish statement of the Chairman of the Federal Reserve earlier today is envisaged to lend …
Daily Market Analysis 18|05|2020: OIL
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 34.00 with take profit at 35.18 Alternative scenario: Sell position is envisaged if price trades below 33.14 with take profit at 32.00 Fundamentals:No major economic data with direct bearing on the commodity expected today Comment: Black gold gaped-up on opening for this trading week on the …
Daily Market Analysis 14|05|2020: EURUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08031 with take profit at 1.07809 Alternative scenario: Buy position is envisaged if price trades above 1.08328 with take profit at 1.08779 Fundamentals:1:30 pm Unemployment Claims (USD) Comment: This pair got rejected at the 1.08 level after the Fed Chair made a statement squashing all …
Daily Market Analysis 14|05|2020: GBPUSD
Intraday: Bearish Technical Analysis Preference: A Sell position is envisaged if price trades below 1.21809 with take profit at 1.21550 Alternative scenario: Buy position is envisaged if price trades above 1.22155 with take profit at 1.22385 Fundamentals:1:30 pm Unemployment Claims (USD) Comment: This pair also started trading bearish after the Fed Chair made a statement clearing all doubts on …
Daily Market Analysis 13|05|2020: US30
Intraday: Bearish Technical Analysis Preference: A Sell position is envisaged if price trades below 23569 with take profit at 23375 Alternative scenario: Buy position is envisaged if price trades above 23786 with take profit at 23975 Fundamentals:1:30pm USD Core PPI m/m USD PPI m/m2:00pm USD Fed Chair Powell Speaks Comment: Stocks …
Daily Market Analysis 12|05|2020: EURJPY
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 116.657 with take profit at 117.159 Alternative scenario: Sell position is envisaged if price trades below 116.340 with take profit at 115.944 Fundamentals:No major economic data expected today Comment: Technically the instrument look to surge upwards. On the H1 we see that there is a …
Daily Market Analysis 12|05|2020: USDJPY
Intraday: Bullish Technical Analysis Preference: A Buy position is envisaged if price trades above 107.610 with take profit at 107.900 Alternative scenario: Sell position is envisaged if price trades below 107.557 with take profit at 107.348 Fundamentals:Core CPI m/m (USD) 1:30 pmCPI m/m (USD) 1:30 pm Comment: The JPY has seen steady decline against other major currency pair, and …