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Daily Market Analysis 01.12.2023: DE30

Instrument: DE30 Bullish Preference: A Buy position is envisaged if the price trades above 16390.1 with take profit at 16412.4 Bearish Preference: A Sell position is envisaged if the price trades below16329.0 with take profit at 16310.3 Fundamentals:USDFinal Manufacturing PMI  3:45 PMISM Manufacturing PMI  4:00 PMFed Chair Powell Speaks 5:00 PM Comment: European stock markets rose Friday, extending November’s positive …

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Daily Market Analysis 01.12.2023: NZDUSD

Instrument: NZDUSD Bullish Preference: A Buy position is envisaged if the price trades above 0.61709 with take profit at 0.61899 Bearish Preference: A Sell position is envisaged if the price trades below 0.61340 with take profit at 0.61210 Fundamentals:USDFinal Manufacturing PMI  3:45 PMISM Manufacturing PMI  4:00 PMFed Chair Powell Speaks 5:00 PM Comment: The Reserve Bank of New Zealand kept …

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Daily Market Analysis 01.12.2023: USDCAD

USDCAD Analysis

Instrument: USDCAD Bullish Preference: A Buy position is envisaged if the price trades above 1.35575 with take profit at 1.35770 Bearish Preference:  A Sell position is envisaged if the price trades below 1.35299 with take profit at 1.35145 Fundamentals:USDFinal Manufacturing PMI  3:45 PMISM Manufacturing PMI  4:00 PMFed Chair Powell Speaks 5:00 PM CAD 2:30 PM     Employment Change     …

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Daily Market Analysis 30.11.2023: USDJPY

USDJPY Ananlysis

Instrument: USDJPY Bullish Preference: Buy position is envisaged if price trades above 147.375 with take profit at 147.605. Bearish Preference:  Sell position is envisaged if price trades  below 146.568 with take profit at 146.206 Fundamentals:2:30pm USDCore PCE Price Index m/m            Unemployment Claims Comment: The dollar climbed from more than three-month lows on Wednesday after data …

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Daily Market Analysis 30.11.2023: DE30

Instrument: DE30 Bullish Preference: Buy position is envisaged if price trades above 16235.9 with take profit at 16251.6 Bearish Preference: Sell position is envisaged if price trades  below 16194.4 with take profit at 16180.8 Fundamentals:Fundamentals:2:30pm USDCore PCE Price Index m/m            Unemployment Claims Comment: Dax closed bullish Wednesday, remaining on track to post big November gains …

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Daily Market Analysis 29.11.2023: GBPJPY

Instrument: GBPJPY Bullish Preference: Buy position is envisaged if price trades above 187.529 with take profit at 187.679. Bearish Preference: Sell position is envisaged if price trades  below 186.983 with take profit at 186.784 Fundamentals:4:05pmGBP BOE Gov Bailey Speaks Comment: There are reports that inflationary pressures remain in the UK labor market and there was no way to cut interest …

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Daily Market Analysis 29.11.2023: GBPCAD

Instrument: GBPCAD Bullish Preference: Buy position is envisaged if price trades above 1.72649 with take profit at 1.172838. Bearish Preference: Sell position is envisaged if price trades  below 1.72331 with take profit at 1.72159. Fundamentals:4:05pmGBP BOE Gov Bailey Speaks Comment: There are reports that inflationary pressures remain in the UK labor market and there was no way to cut interest …

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Daily Market Analysis 29.11.2023: US100

Instrument: US100 Bullish Preference: A buy position is envisaged if the price trades above  16180.27 With take profit at 16196.95 Bearish Preference: A sell position is envisaged if the price trades below 16110.37 with Take profit at 16096.42 Fundamentals:2:30pm USD: Prelim GDP q/qUSD: Prelim GDP Price Index q/q Comment: Nasdaq 100 closed higher yesterday which was as a result of …

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