USDJPY Market Analysis 07|05|2020 – Video
analysis
Daily Market Analysis 07|05|2020: US30
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 23709 with take profit at 23865 Alternative scenario: Sell position is envisaged if price trades below 23626 with take profit at 23480. Fundamentals:USD Unemployment Claims 1:30pm Comment: Fundamentally, this instrument has been trading upwards since late last night with investors preparing for the data for …
Daily Market Analysis 04|05|2020: EURUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09209 with take profit at 1.08970 Alternative scenario: Buy position is envisaged if price trades above 1.09494 with take profit at 1.09649 Fundamentals:No major economic data expected today Comment: The statement by the White House pinning blame on China for the outbreak of the novel …
Daily Market Analysis 04|05|2020: USDCAD
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.41555 with take profit at 1.41906 Alternative scenario: Sell position is envisaged if price trades below 1.41094 with take profit at 1.40676 Fundamentals:No major economic data expected today Comment: The pair has established an uptrend on the hourly chart and the continuation will be confirmed once …
Daily Market Analysis 30|04|2020: EURUSD
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08551 with take profit at 1.08184 Alternative scenario: Buy position is envisaged if price trades above 1.08777 with take profit at 1.08911 Fundamentals:EUR Main Refinancing Rate 12:45pmEUR Monetary Policy Statement 12:45pmEUR ECB Press Conference 1:30pmUSD Unemployment Claims 1:30pm Comment: The EURO gains from yesterday quickly …
Daily Market Analysis 30|04|2020: USDCAD
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.39042 with take profit at 1.39662 Alternative scenario: Sell position is envisaged if price trades below 1.38583 with take profit at 1.38400 Fundamentals:USD Unemployment Claims 1:30pm Comment: Technically, this pair got rejected when it tested a two week low and price momentum slowed down afterwards. Investors are …
Daily Market Analysis 29|04|2020: AUDUSD
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 0.65679 with take profit at 0.65970 Alternative scenario: Sell position is envisaged if price trades below 0.65100 with take profit at 0.64694 Fundamentals:1:30pm USD Advance GDP q/q7:00pm USD FOMC Statement Comment: The upbeat market mood remained well supported by the slowing spread of the coronavirus, …