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Daily Analysis

Daily Market Analysis 13/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38439 with take profit at 1.38565. Bearish Preference: Sell position is envisaged if price trades below 1.38116 with take profit at 1.37986. Fundamentals:3:00pm    USD    Prelim UoM Consumer Sentiment Comment: The dollar was down on Friday morning in Asia, but remained near a four-month high. Investors now …

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Daily Market Analysis 13/08/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.563 with take profit at 110.691. Bearish Preference: Sell position is envisaged if price trades below 110.230 with take profit at 110.118. Fundamentals:3:00pm    USD    Prelim UoM Consumer Sentiment Comment: The dollar slightly retreated in early European trading Friday, but remained near its highest level in four …

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Daily Market Analysis 13/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1761.59 with take profit at 1763.57. Bearish Preference: Sell position is envisaged if price trades below 1752.33 with take profit at 1750.06. Fundamentals:3:00pm    USD    Prelim UoM Consumer Sentiment Comment: Gold was up on Friday morning in Asia, but was set for a second consecutive weekly …

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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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Daily Market Analysis 11/08/2021: OILS

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.40 with take profit at 70.59. Bearish Preference: Sell position is envisaged if price trades below 69.36 with take profit at 69.16. Fundamentals:3:30pm    USD Crude Oil Inventories Comment: Oil fell below $70 a barrel on Wednesday, pressured by a CNBC report that the White House will call …

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Daily Market Analysis 11/08/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17277 with take profit at 1.17407. Bearish Preference: Sell position is envisaged if price trades below 1.16992 with take profit at 1.16837. Fundamentals:1:30pm     USD CPI m/m                 USD Core CPI m/m Comment: The dollar strengthened in early European trading Wednesday, extending …

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