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Daily Analysis

Daily Market Analysis 27.04.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 78.18 with take profit at 78.65. Bearish Preference: A sell position is envisaged if the price trades below 77.77 with take profit at 77.22. Fundamentals:1:30pmUSD Advance GDP q/qUSD Unemployment Claims Comment: Oil prices stabilized today, with a much larger-than-expected drop in weekly U.S. crude …

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USDJPY Ananlysis

Daily Market Analysis 27.04.2023: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 133.588 with take profit at 133.824 Bearish Preference: A sell position is envisaged if the price trades below 133.370 with take profit at 133.134 Fundamentals:1:30pmUSD Advance GDP q/qUSD Unemployment Claims Comment: Fears that reduced lending will crimp further economic activity are adding to signs …

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Daily Market Analysis 27.04.2023: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.24907 with take profit at 1.25059 Bearish Preference: A sell position is envisaged if the price trades below 1.24487 with take profit at 1.24314 Fundamentals:1:30pmUSD Advance GDP q/qUSD Unemployment Claims Comment: The U.S. dollar weakened in early European trade Thursday ahead of the release …

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Daily Market Analysis 27.04.2023: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 2005.41 with take profit at 2008.94. Bearish Preference: A sell position is envisaged if the price trades below 1998.85 with take profit at 1996.08. Fundamentals:1:30pmUSD Advance GDP q/qUSD Unemployment Claims Comment: Gold prices kept to a small range on Thursday as traders hunkered down …

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Daily Market Analysis 26.04.2023: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 2005.43 with take profit at 2008.30. Bearish Preference: A sell position is envisaged if the price trades below 1997.68 with take profit at 1994.48. Fundamentals:1:30pmUSD Core Durable Goods Orders m/mUSD Durable Goods Orders m/m Comment: Gold prices rose to key levels on Wednesday, buoyed …

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Daily Market Analysis 26.04.2023: US100

Instrument: US100 Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 12936.62 with take profit at 12956.16 Bearish Preference: A sell position is envisaged if the price trades below 12871.78 with take profit at 12846.64 Fundamentals:1:30pmUSD Core Durable Goods Orders m/mUSD Durable Goods Orders m/m Comment: U.S. stocks are seen opening in a mixed fashion …

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Daily Market Analysis 26.04.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 80.86 with take profit at 81.20. Bearish Preference: A sell position is envisaged if the price trades below price 80.08 with take profit at 79.71. Fundamentals:No major Fundamentals Comment: Oil prices kept to a tight range in early Asian trade on Wednesday as markets …

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Daily Market Analysis 26.04.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.10311 with take profit at 1.10414. Bearish Preference: A sell position is envisaged if the price trades below price 1.10082 with take profit at 1.09945. Fundamentals:1:30pmUSD Core Durable Goods Orders m/mUSD Durable Goods Orders m/m Comment: The U.S. dollar edged lower in early European …

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Daily Market Analysis 25.04.2023: GOLD

Instrument: GOLD+ Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1998.44 with take profit at  1999.83 Bearish Preference: A sell position is envisaged if the price trades below price 1992.59 with take profit at 1991.26 Fundamentals:3PM USD:  CB Consumer Confidence   Comment: In recent weeks, gold and silver prices have been struggling to find the …

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Daily Market Analysis 25.04.2023: OIL

Instrument: OILs+ Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 82.87 with take profit at 83.01 Bearish Preference: A sell position is envisaged if the price trades below price 82.45 with take profit at  82.36 Fundamentals:No major Fundamentals Comment: Oil prices held steady on Tuesday as investors weighed strong holiday travel in China that could boost …

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