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Daily Analysis

Daily Market Analysis 22.03.2023: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 1948.95 with take profit at  1954.17 Bearish Preference: A sell position is envisaged if the price trades below price 1933.39 with take profit at 1928.92 Fundamentals:USD FOMC Economic Projections 7PM              FOMC Press Conference   7:30PM Comment: Gold prices sank …

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Daily Market Analysis 21.03.2023: GOLD

Instrument: GOLD+ Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 1980.23   with take profit at 1982.42. Bearish Preference: A sell position is envisaged if the price trades below price 1970.95 with take profit at 1968.57 Fundamentals:None with high impact. Comment: Gold prices were muted in early Asian trade on Tuesday after touching key highs in …

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Daily Market Analysis 20.03.2023: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 1.22174 with take profit at 1.22426. Bearish Preference: A sell position is envisaged if the price trades below price 1.21555 with take profit at 1.21323 Fundamentals:None with high impact. Comment: The U.S. dollar slipped lower in early European trade Friday and riskier currencies rallied …

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Daily Market Analysis 20.03.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A buy position is envisaged if the price trades above 73.54 with take profit at 74.90 Bearish Preference: A sell position is envisaged if the price trades below 69.88 with take profit at 68.39 Fundamentals:None with high impact Comment:Oil prices fell on Monday, reversing early gains as anticipation of a Federal Reserve meeting …

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Daily Market Analysis 16.03.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12471.35 with take profit at 12562.53 Bearish Preference: A Sell position is envisaged if the price trades below 12334.90 with take profit at 12283.32 Fundamentals:1:30pm USD Unemployment Claims Comment: U.S. stocks is experiencing a mixed Thursday, as investors digested the moves to support embattled lender Credit …

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Daily Market Analysis 16.03.2023: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 75.54 with take profit at 76.40 Bearish Preference: A Sell position is envisaged if the price trades below 72.80 with take profit at 71.75 Fundamentals:No major fundamental Comment:Oil prices are still Thursday lower, after rebounding from 15-month lows as the financial lifeline to Credit Suisse …

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Daily Market Analysis 16.03.2023: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.06409  with take profit at 1.06676 Bearish Preference: A Sell position is envisaged if the price trades below 1.06167  with take profit at 1.05884 Fundamentals:1:30pm USD Unemployment Claims Comment: The difficulties in the global banking sector has put the spotlight on the European Central Bank’s meeting later in the session. …

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Daily Market Analysis 16.03.2023: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1925.80 with take profit at 1933.12 Bearish Preference: A Sell position is envisaged if the price trades below 1914.12 with take profit at  1908.86 Fundamentals:1:30pm USD Unemployment Claims Comment:European stock futures surge higher; Credit Suisse shores up position European stock markets are expected to open …

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