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Daily Analysis

Daily Market Analysis 02|03|2021: USDJPY

Instrument: USDJPY Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below 106.710 with a take profit before 106.538. Bullish Preference: A Buy position  is envisaged if price trades above price 107.099  with take profit before price 107.287. Fundamentals:7:00pm    USD     FOMC Member Brainard Speaks8:00pm    USD     FOMC Member Daly Speak  Comment: Currency markets have …

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Daily Market Analysis 02|03|2021: GOLD

Instrument: GOLD Technical Analysis Bearish Preference: A sell position is envisaged if price trades below price 1703.97 with a take profit at  price 1696.45. Bullish Preference: A buy position  is envisaged if price trades above price 1727.25  with take profit at price 1738.90. Fundamentals:7:00pm     USD     FOMC Member Brainard Speaks8:00pm    USD     FOMC Member Daly Speak  …

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Daily Market Analysis 02|03|2021: EURUSD

Instrument: EURUSD Technical Analysis Bearish Preference: A sell position is envisaged if price trades below 1.20089 with a take profit before 1.19905 Bullish Preference: A buy position  is envisaged if price trades above price 1.20233  with take profit before price 1.20335 Fundamentals:9:00am   EUR      Spanish Unemployment Change    9:55am     EUR     German Unemployment Change11:00am    EUR …

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Daily Market Analysis 01|03|2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference:A buy position is envisaged if price trades above 14004.3 with a take profit at 14051.9 Bearish Preference: A sell position  is envisaged if price trades below price 13816.7  with take profit at price 13758.5 Fundamentals:No major fundamentals Comment: Stocks plunged on Friday, as investors continued to sell tech shares that have rallied throughout …

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Daily Market Analysis 01|03|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.21237  with a take profit at 1.21895. Bullish Preference: A Sell position  is envisaged if price trades below price 1.20399  with take profit at price 1.20090. Fundamentals:EUR:  Final Manufacturing PMI (10:00am)EUR: Italian Prelim CPI m/m (11am)USD: FOMC Member Williams Speaks (3pm)USD: Final Manufacturing …

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Daily Market Analysis 26|02|2021: USDCHF

Instrument: USDCHF Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.90673 with take profit at 0.90827 Bearish Preference: Sell position is envisaged if price trades below 0.90331 with take profit at 0.90162 Fundamentals:USD: Core PCE Price Index m/m (2:30pm)USD: Chicago PMI (3:45pm) Comment: The dollar held onto gains made during the previous session, where it climbed …

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Daily Market Analysis 26|02|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bearish Preference: A sell position is envisaged if price trades below 1.38222 with a take profit at 1.37647 Bullish Preference: A buy position  is envisaged if price trades above price 1.39773  with take profit at price 1.40402 Fundamentals:USD: Core PCE Price Index m/m (2:30pm)G20 Meeting (All Day)  Comment: The dollar climbed higher in early European …

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Daily Market Analysis 26|02|2021: GOLD

Instrument: GOLD Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below 1741.41 with a take profit at 1719.92. Bullish Preference: A Buy position  is envisaged if price trades above price 1780.05  with take profit at price 1793.15 Fundamentals:USD: Core PCE Price Index m/m (2:30pm)USD: Chicago PMI (3:45pm) Comment: The Precious Metal which is seen as a …

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Daily Market Analysis 26|02|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 106.252 with take profit at 106.361. Bearish Preference: Sell position is envisaged if price trades below 105.968 with take profit at 105.831. Fundamentals:USD: Core PCE Price Index m/m (2:30pm)G20 Meeting (All Day)  Comment: The dollar was up on Friday morning in Asia, holding onto gains …

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Daily Market Analysis 25|02|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below 1.41257 with a take profit at 1.41032. Bullish Preference: A Buy position  is envisaged if price trades above price 1.41621  with take profit at price 1.41828. Fundamentals:USD: FOMC Member Bostic Speaks (2:30)USD: Core Durable Goods Orders m/m (2:30) Comment: Federal Reserve FOMC members vote on …

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