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Daily Market Analysis 28.09.2023: GBPUSD

Instrument: GBPUSD Bullish Preference: Buy position is envisaged if price trades above 1.22075 with take profit at 1.22188. Bearish Preference: Sell position is envisaged if price trades below 1.21817 with take profit at 1.21686. Fundamentals:1:30pmUSD Final GDP q/qUSD Unemployment Claims9:00pmUSD Fed Chair Powell Speaks  Comment: Federal Reserve Bank of Minneapolis President Neel Kashkari and several other Fed voices cautioned markets …

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Daily Market Analysis 28.09.2023: EURUSD

Instrument: EURUSD Bullish Preference: A Buy position is envisaged if the price trades above 1.05263 with take profit at 1.05481. Bearish Preference: A Sell position is envisaged if the price trades below 1.04859 with take profit at 1.04579. Fundamentals:All Day EUR German Prelim CPI m/m8:00AM EUR Spanish Flash CPI y/y1:30pmUSD Final GDP q/qUSD Unemployment Claims9:00pmUSD Fed Chair Powell Speaks  …

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Daily Market Analysis 28.09.2023: OIL

Instrument: OIL Bullish Preference: A Buy position is envisaged if the price trades above 95.34 with take profit at 95.71 Bearish Preference: A Sell position is envisaged if the price trades below 93.93 with take profit at 93.51. Fundamentals:1:30pmUSD Final GDP q/qUSD Unemployment Claims9:00pmUSD Fed Chair Powell Speaks    Comment: Oil futures jumped to their highest in more than a …

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Daily Market Analysis 27.09.2023: DE30

Instrument: DE30 Bullish Preference: A Buy position is envisaged if the price trades above 15408.9 with take profit at 15422.9. Bearish Preference: A Sell position is envisaged if the price trades below 15321.6 with take profit at 15302.7. Fundamentals:No High Impact   Comment: Asia stocks traded mixed on Wednesday and benchmark U.S. Treasury yields were near multi-year highs, as investors …

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Daily Market Analysis 26.09.2023: GBPUSD

Instrument: GBPUSD Bullish Preference: Buy position is envisaged if price trades above 1.21861 WithTake profit at 1.21988 Bearish Preference: Sell position is envisaged if price trades below 1.21572 with Take profit at 1.21411 Fundamentals:3PM USD: CB Consumer Confidence   Comment: Following last week’s decision by the Bank of England’s (BOE) to keep rates steady at 5.25%, the British pound remains …

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Daily Market Analysis 26.09.2023: USDJPY

USDJPY Ananlysis

Instrument: USDJPY Bullish Preference: Buy position is envisaged if price trades above 149.003  With take profit at 149.145 Bearish Preference: Sell position is envisaged if price trades below 148.646 with Take profit at 148.515 Fundamentals:3PM USD: CB Consumer Confidence   Comment: The Japanese Yen fell to a ten-month low against a generally stronger United States Dollar on Monday, pushing USD/JPY …

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Daily Market Analysis 25.09.2023: US30

Instrument:US30 Bullish Preference: Buy position is envisaged if price trades above 34254 with take profit at 34303. Bearish Preference: Sell position is envisaged if price trades below 34133 with take profit at 34082 Fundamentals:None with High Impact Comment: Wall Street see-sawed to a lower close on Friday, capping a tumultuous week during which benchmark Treasury yields hit 16-year highs and …

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