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Daily Analysis

Daily Market Analysis 20|04|2021: EURJPY

Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 130.716 with take profit at 130.848. Bearish Preference: Sell position is envisaged if price trades below 130.488 with take profit at 130.356 Fundamentals:No major fundamental.  Comment:  The persistent sell-off in the greenback gave extra strength to the The increased buying pressure around the Japanese yen …

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Daily Market Analysis 19|04|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above  1779.34 with a take profit at price 1783.50. Bearish Preference: A Sell position is envisaged if price trades below price 1767.56 with a take profit at price 1764.32. Fundamentals:No major Fundamental Comment: In recent time Gold has the potential of making a higher move due to …

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Daily Market Analysis 19|04|2021: US30

Instrument: US30 Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above  34051 with a take profit at price 34108. Bearish Preference: A Sell position is envisaged if price trades below price 33940 with take profit at price 33874. Fundamentals:No major Fundamental Comment: U.S. stock index futures were mixed in early morning trading on Monday, after the …

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Daily Market Analysis 19|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  1.38807 with a take profit at price 1.39034. Bearish Preference: A Sell position is envisaged if price trades below price 1.38246 with a take profit at price 1.38099. Fundamentals:No major fundamental.  Comment: The dollar was up on Monday morning in Asia but remained near …

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Daily Market Analysis 13|04|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged  if price trades above 1732.69 with take profit at 1735.02. Bearish Preference: Sell position is envisaged if price trades below 1724.08 with take profit at 1721.95. Fundamentals:1:30pm   USD    CPI m/m                  USD    Core CPI m/m Comment: Everything now rests with this evening’s US inflation …

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Daily Market Analysis 13|04|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18979 with take profit at 1.19093. Bearish Preference: Sell position is envisaged if price trades below 1.18851 with take profit at 1.18743. Fundamentals:1:30pm   USD   CPI m/m                  USD    Core CPI m/m  Comment:  The US Indices have thought pretty well …

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Daily Market Analysis 13|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged  if price trades above 1.37627 with take profit at 1.37739. Bearish Preference: Sell position is envisaged if price trades below 1.37312 with take profit at 1.37111. Fundamentals:1:30pm  USD    CPI m/m                  USD    Core CPI m/m Comment: The dollar edged higher in early European trading Tuesday, helped …

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Daily Market Analysis 13|04|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13835.09 with take profit at 13855.93. Bearish Preference: Sell position is envisaged if price trades below 13792.63 with take profit at 13778.73. Fundamentals:1:30pm   USD   CPI m/m                  USD    Core CPI m/m  Comment:  The US Indices  ended lower on Monday, …

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Daily Market Analysis 12|04|2021: EURGBP

Instrument: EURGBP 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 Pound has come under notable pressure in recent sessions with last week …

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Daily Market Analysis 12|04|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  13812.77 with a take profit at price 13831.55. Bearish Preference: A Sell position is envisaged if price trades below price 13744.54 with take profit at price 13729.84. Fundamentals:No major Fundamental  Comment:  US equities enjoyed a modest gain last week as the Dow Jones and S&P …

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