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Daily Market Analysis 20.11.2023: US.500

US500 Analysis

Instrument: US.500 Bullish Preference: Buy position is envisaged if price trades above 4527 with take profit at 4531. Bearish Preference: Sell position is envisaged if price trades  below 4518 with take profit at 4515. Fundamentals:None with Expected High Impact Comment: The S&P 500 continued to rally last week as risk assets have surged since yields on U.S. Treasuries started to …

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Daily Market Analysis 20.11.2023: DE30

Instrument: DE30 Bullish Preference: Buy position is envisaged if price trades above 15982.4 with take profit at 15992.2. Bearish Preference: Sell position is envisaged if price trades below 15943.4 with take profit at 15932.4. Fundamentals:None with Expected High Impact Comment: Asian session presented a varied picture today, as investors digested the latest global economic signals and central bank policy expectations.  …

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Daily Market Analysis 20.11.2023: GBPUSD

Instrument: GBPUSD Bullish Preference: Buy position is envisaged if price trades above 1.24961 with take profit at 1.25079. Bearish Preference: Sell position is envisaged if price trades below 1.24689 with take profit at 1.24579. Fundamentals:7:45 pmGBP BOE Gov Bailey Speaks Comment: The GBP/USD pair holds positive ground around 1.2485 during the early European session on Monday. The recovery of the …

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Daily Market Analysis 16.11.2023: GOLD

Instrument: GOLD Bullish Preference: Buy position is envisaged if price trades above 1968.16 with take profit at 1972.13. Bearish Preference: Sell position is envisaged if price trades  below 1962.39 with take profit at 1957.64. Fundamentals:2:30pm       USD Unemployment Claims Comment: Gold prices on Thursday, paused a recent recovery rally after stronger-than-expected U.S. retail sales data brewed some uncertainty over …

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Daily Market Analysis 16.11.2023: USDIDX

Instrument: USDIDX Bullish Preference: Buy position is envisaged if price trades above 104.442 with take profit at 104.589. Bearish Preference: Sell position is envisaged if price trades  below 104.290 with take profit at 104.175. Fundamentals:2:30pm       USD Unemployment Claims Comment: The dollar held its ground on Thursday after a volatile two days that saw sharp declines followed by a …

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Daily Market Analysis 14.11.2023: GBPUSD

Instrument: GBPUSD Bullish Preference: Buy position is envisaged if price trades above 1.23127 WithTake profit at 1.23258 Bearish Preference: Sell position is envisaged if price trades  below 1.22870 with Take profit at 1.22750 Fundamentals:8:00AM GBP: Claimant Count Change            2:30PM USD:Core CPI m/m Comment: The British pound found support after UK labor data (see economic calendar …

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Daily Market Analysis 14.11.2023: EURUSD

Instrument: EURUSD Bullish Preference: Buy position is envisaged if price trades above 1.07116  With take profit at 1.07168 Bearish Preference: Sell position is envisaged if price trades  below 1.07012 with Take profit at 1.06958 Fundamentals:2:30PM USD:Core CPI m/m Comment: The U.S. Bureau of Labor Statistics will release consumer price index numbers on Tuesday morning. With the Federal Reserve hypersensitive to …

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Daily Market Analysis 13.11.2023: US30

Instrument: US30 Bullish Preference: Buy position is envisaged if price trades above 34363 with take profit at 34399. Bearish Preference: Sell position is envisaged if price trades  below 34288 with take profit at 34243. Fundamentals:None with Expected High Impact Comment: U.S. stock futures indicated a slightly positive opening for Wall Street on Monday, with market participants cautiously optimistic ahead of …

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Daily Market Analysis 13.11.2023: USDCAD

USDCAD Analysis

Instrument: USDCAD Bullish Preference: Buy position is envisaged if price trades above 1.38125 with take profit at 1.38239. Bearish Preference: Sell position is envisaged if price trades  below 1.37804 with take profit at 1.37938. Fundamentals:None with Expected High Impact Comment: U.S. stock futures indicated a slightly positive opening for Wall Street on Monday, with market participants cautiously optimistic ahead of …

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Daily Market Analysis 13.11.2023: DE30

Instrument: DE30 Bullish Preference: Buy position is envisaged if price trades above 15356.1 with take profit at 15374.3. Bearish Preference: Sell position is envisaged if price trades below 15312.2 with take profit at 15295.3. Fundamentals:None with Expected High Impact Comment: The world’s major indexes ended with big gains on Friday, boosted by heavyweight tech and growth stocks as Treasury yields …

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