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Daily Market Analysis 12.12.2023: EURUSD

Instrument: EURUSD Bullish Preference:  Buy position is envisaged if price trades above  1.07896  With take profit at 1.08068 Bearish Preference:  Sell position is envisaged if price trades  below 1.07546 with Take profit at 1.07378 Fundamentals:USD:  Core CPI m/m    2:30 PM           CPI m/m             2:30PM           CPI y/y               2:30PM Comment: The euro opened the week pretty flat as markets prepare for central bank decisions later this week …

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Daily Market Analysis 11.12.2023: US100

Instrument: US100 Bullish Preference: Buy position is envisaged if price trades above 16092 with take profit at 16104.03 Bearish Preference:  Sell position is envisaged if price trades  below 16039.06 with take profit at 16027.49 Fundamentals:None with Expected High Impact Comment: Nonfarm payrolls increased by 199,000 jobs last month after rising by 150,000 in October, according to data from the Labor …

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Daily Market Analysis 11.12.2023: OIL WTI

Instrument: OIL. WTI Bullish Preference:  Buy position is envisaged if price trades above 70.97 with take profit at 71.18 Bearish Preference:  Sell position is envisaged if price trades  below 70.59 with take profit at 70.35 Fundamentals:None with Expected High Impact Comment: Oil prices held steady on Monday as U.S. efforts to replenish strategic reserves provided support, though concerns persist about …

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Daily Market Analysis 11.12.2023: GOLD

Instrument: GOLD Bullish Preference: A buy position is envisaged if price trades above 2001.40 with take profit at 2004.70 Bearish Preference:  A sell position is envisaged if price trades below 1988.88 with take profit at 1985.28 Fundamentals:None with Expected High Impact Comment: Gold prices fell below key levels in Asian trade on Monday as strong labor market data saw traders …

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Daily Market Analysis 11.12.2023: DE30

Instrument: DE30 Bullish Preference: A buy position is envisaged if price trades above 16806.0 with take profit at 16822.2 Bearish Preference:  A sell position is envisaged if price trades below 16762.7 with take profit at 16744.4 Fundamentals:None with Expected High Impact Comment: Global stocks continue their rise, notching its longest weekly wining streak since 2019 after a stronger-than-expected jobs report added …

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Daily Market Analysis 07.12.2023: EURUSD

Instrument: EURUSD Bullish Preference: A buy position is envisaged if price trades above 1.07866 with take profit at 1.08017 Bearish Preference:  A sell position is envisaged if price trades below 1.07449 with take profit at 1.07272 Fundamentals:2:30pmUSD Unemployment Claims Comment: The EUR/USD pair attracts some buyers in the vicinity of mid-1.0700s, or its lowest level since November 14 touched earlier …

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