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Daily Analysis

USDJPY Ananlysis

Daily Market Analysis 29.08.2023: USDJPY

Instrument: USDJPY Bullish Preference: A buy position is envisaged if the price trades above 146.602  With take profit at 146.708 Bearish Preference: A sell position is envisaged if the price trades below 146.188 with Take profit at 146.066 Fundamentals:2:00 PM USD S&P/CS Composite-20 HPI y/y  3:00 PM CB Consumer Confidence3:00 PM   OLTS Job Openings             …

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Daily Market Analysis 29.08.2023: GOLD

Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1927.03 WithTake profit at 1929.83 Bearish Preference: A sell position is envisaged if the price trades below 1920.90 with Take profit at 1919.29 Fundamentals:2:00 PM USD S&P/CS Composite-20 HPI y/y  3:00 PM CB Consumer Confidence3:00 PM   OLTS Job Openings               …

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Daily Market Analysis 28.08.2023: EURUSD

Instrument: EURUSD Bullish Preference: A buy position is envisaged if the price trades above 1.08236 with take profit at 1.08308. Bearish Preference: A sell position is envisaged if the price trades below 1.07978 with take profit at 1.07922. Fundamentals:No High Impact Comment: The dollar slid from a 12-week peak on Monday as traders weighed U.S. and European central bankers’ monetary options after …

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Daily Market Analysis 28.08.2023: GOLD

Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1918.63 with take profit at 1921.22. Bearish Preference: A sell position is envisaged if the price trades below 1912.14 with take profit at 1910.07. Fundamentals:No High Impact Comment: Gold prices moved little on Monday as markets digested hawkish yet reiterative comments from the Federal Reserve, with a slew …

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Daily Market Analysis 28.08.2023: EURJPY

Instrument: EURJPY Bullish Preference: A buy position is envisaged if the price trades above 158.525 with take profit at 158.672. Bearish Preference: A sell position is envisaged if the price trades below 158.144 with take profit at 158.005. Fundamentals:No High Impact Comment: At the Jackson Hole Symposium, European Central Bank (ECB) President Christine Lagarde stated that the battle against inflation …

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Daily Market Analysis 28.08.2023: OIL WTI

Instrument: OIL WTI Bullish Preference: A buy position is envisaged if the price trades above 80.58 with take profit at 80.91. Bearish Preference: A sell position is envisaged if the price trades below 80.07 with take profit at 79.84. Fundamentals:No High Impact Comment: Oil prices rose slightly in early Asian trade on Monday as focus turned to economic readings from …

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Daily Market Analysis 25.08.2023: USDCHF

Instrument: USDCHF Bullish Preference: A buy position is envisaged if the price trades above 0.88691 with take profit at 0.88778. Bearish Preference: A sell position is envisaged if the price trades below 0.88452 with take profit at 0.88373. Fundamentals:3:00pm USD Revised UoM Consumer Sentiment3:05pm USD Fed Chair Powell SpeaksAll Day Jackson Hole Symposium Comment: Hopes for a late August bloom …

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Daily Market Analysis 25.08.2023: OIL

Instrument: OIL Bullish Preference: A buy position is envisaged if the price trades above 84.64 with take profit at 84.95 Bearish Preference: A sell position is envisaged if the price trades below 83.46 with take profit at 83.23 Fundamentals:3:00pm USD Revised UoM Consumer Sentiment3:05pm USD Fed Chair Powell SpeaksAll Day Jackson Hole Symposium Comment: Oil prices jumped more than 1% …

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USDCAD Analysis

Daily Market Analysis 25.08.2023: USDCAD

Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.35875 with take profit at 1.35998. Bearish Preference: A sell position is envisaged if the price trades below 1.35760 with take profit at 1.35640. Fundamentals:3:00pm USD Revised UoM Consumer Sentiment3:05pm USD Fed Chair Powell SpeaksAll Day Jackson Hole Symposium Comment: The dollar was flat on Friday …

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USDJPY Ananlysis

Daily Market Analysis 25.08.2023: USDJPY

Instrument: USDJPY Bullish Preference: Buy position is envisaged if price trades above 146.208 With take profit at 146.355. Bearish Preference: Sell position is envisaged if price trades below 145.836 with take profit at 145.684. Fundamentals:3:00pm USD Revised UoM Consumer Sentiment3:05pm USD Fed Chair Powell SpeaksAll Day Jackson Hole Symposium Comment: The United States Dollar still finds buyers against the Japanese …

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