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Daily Market Analysis 27.11.2023: USDJPY

USDJPY Ananlysis

Instrument: USDJPY Bullish Preference:  Buy position is envisaged if price trades above 149.179 with take profit at 149.362 Bearish Preference:  Sell position is envisaged if price trades  below 148.734 with take profit at 148.581 Fundamentals:None with High Impact Comment: The dollar index moved little in Asian trade on Monday, as markets awaited key economic readings from the country this week. …

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Daily Market Analysis 24.11.2023: GBPUSD

Instrument: GBPUSD Bullish Preference: A Buy position is envisaged if the price trades above 1.25731 with take profit at 1.25805 Bearish Preference:  A Sell position is envisaged if the price trades below 1.25532 with take profit at 1.25450 Fundamentals:3:45pm  USD Flash Manufacturing PMI Comment: GBP/USD is trading above 1.2550, recovering ground in the European session on Black Friday. The pair is …

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Daily Market Analysis 24.11.2023: DE30

Instrument: DE30 Bullish Preference:  A Buy position is envisaged if the price trades above 16065.8 with take profit at 16077.7 Bearish Preference: A Sell position is envisaged if the price trades below 16043.2 with take profit at 16030.7 Fundamentals:None Comment: Data released earlier Friday showed that the German economy shrank slightly in the third quarter compared with the previous three …

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Daily Market Analysis 22.11.2023: GOLD+

Instrument: GOLD+ Bullish Preference: A Buy position is envisaged if the price trades above 2008.77 With Take profit at 2011.51 Bearish Preference: A Sell position is envisaged if the price trades below 2002.47 with Take profit at 1999.89 Fundamentals:USD:   Unemployment Claims                 2:30PM     Revised UoM Consumer Sentiment    4:00PM Comment: The global …

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