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Daily Analysis

Daily Market Analysis 02.03.2023: EURUSD

Instrument: EURUSD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.06629 with take profit at 1.06769 Bearish Preference: A Sell position is envisaged if the price trades below 1.06323 with take profit at 1.06168 Fundamentals:No Major Fundamental  Comment: The U.S. dollar rose in early European trade Thursday, regaining its firm footing, while the euro slipped ahead …

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Daily Market Analysis 01.03.2023: US100

Instrument: US100+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12147.20 with take profit at 12154.97 Bearish Preference: A Sell position is envisaged if the price trades below 12102.05 with take profit at 12089.44 Fundamentals:4:00pm USD ISM Manufacturing PMI  Comment: Investors are digesting happening around interest Rate Hike and all eyes are looking forward to NFP …

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Daily Market Analysis 01.03.2023: GBPUSD

Instrument: GBPUSD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.20701 with take profit at 1.20922 Bearish Preference: A Sell position is envisaged if the price trades below 1.20324 with take profit at 1.20171 Fundamentals:4:00pm USD ISM Manufacturing PMI Comment: The US dollar retreated in Europe today while the Chinese yuan rose sharply after economic data …

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Daily Market Analysis 01.03.2023: GOLD

Instrument: GOLD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1837.62 with take profit at 1841.03 Bearish Preference: A Sell position is envisaged if the price trades below 1829.84 with take profit at 1826.37 Fundamentals:4:00pm USD ISM Manufacturing PMI Comment: Gold prices fell slightly on Wednesday after logging a two-day recovery from their lowest levels this …

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Daily Market Analysis 01.03.2023: EURUSD

Instrument: EURUSD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1.36254 with take profit at 1.36427 Bearish Preference: A Sell position is envisaged if the price trades below 1.35879 with take profit at 1.35688 Fundamentals:4:00pm USD ISM Manufacturing PMI  Comment: The dollar has been on a tear this month as stronger-than-expected economic data, including hot inflation numbers, pointed …

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Daily Market Analysis 28.02.2023: US30

Instrument: US30+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 32978 with take profit at  33032 Bearish Preference: A Sell position is envisaged if the price trades below 32897 with take profit at 32833 Fundamentals:4PM USD:  CB Consumer Confidence   Comment: U.S. stock index futures slipped on Tuesday as Treasury yields rose to near multi-month highs …

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Daily Market Analysis 28.02.2023: US100

Instrument: US100+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12109.72 with take profit at  12125.93 Bearish Preference: A Sell position is envisaged if the price trades below 12050.14 with take profit at 12006.18 Fundamentals:4PM USD:  CB Consumer Confidence     Comment: Wall Street’s main indexes ended Monday higher, but gave back much of the day’s …

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Daily Market Analysis 28.02.2023: 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 82.36 with take profit at  82.24 Fundamentals:No major fundamental Comment: Crude oil has continued to be shaken from the effects of a stronger US Dollar and higher inventories …

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Daily Market Analysis 28.02.2023: GOLD

Instrument: GOLD+ Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 1815.21 with take profit at  1816.86 Bearish Preference: A Sell position is envisaged if the price trades below 1809.77 with take profit at 1808.45 Fundamentals:USD:  CB Consumer Confidence     4PM Comment: Gold prices aimed cautiously higher on Monday after disappointing US durable goods orders data …

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Daily Market Analysis 27.02.2023: US100

Instrument: US100 Technical Analysis Bullish Preference:  A Buy position is envisaged if the price trades above 12092.48 with take profit at 12115.84 Bearish Preference: A Sell position is envisaged if the price trades below 12043.50 with take profit at 12024.32 Fundamentals:No major fundamental Comment: The U.S. stock market valuation remains “broadly expensive,” Morgan Stanley’s equity strategists warned the broker’s clients once again. …

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