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Daily Market Analysis 03/12/2021: USDCAD

Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28415 with take profit at 1.28550. Bearish Preference: Sell position is envisaged if price trades below 1.27943 with take profit at 1.27809. Fundamentals:2:30pm CAD Employment Change              CAD Unemployment Rate              USD Average Hourly Earnings m/m  …

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Daily Market Analysis 29/11/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.88 with take profit at 1800.02. Bearish Preference: Sell position is envisaged if price trades below 1789.49 with take profit at 1787.65. Fundamentals:U.S ZONE: Pending Home Sales m/m (4PM) Comment: Gold was up on Monday morning in Asia, with concerns over the impact of the possibly …

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Daily Market Analysis 25/11/2021: GOLDs

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1796.62 with take profit at 1798.76. Bearish Preference: Sell position is envisaged if price trades below 1787.50 with take profit at 1785.04. Fundamentals:None with high impact on the commodity. Comment: Gold was up on Thursday morning in Asia, but kept below the $1,800 mark after …

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Daily Market Analysis 19/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35279 with take profit at 1.35412 Bearish Preference: Sell position is envisaged if price trades below 1.34754 with take profit at 1.34651 Fundamentals:4:45pm USD FOMC Member Waller Speaks Comment: The dollar was up on Friday morning in Asia, and is poised to post a second …

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Daily Market Analysis 18/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1871.94 with take profit at 1873.72 Bearish Preference: Sell position is envisaged if price trades below 1862.69 with take profit at 1860.94 Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claim Comment: Gold was down on Thursday morning in Asia, but a weakening dollar and U.S. …

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Daily Market Analysis 17/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1860.51 with take profit at 1862.69. Bearish Preference: Sell position is envisaged if price trades below 1850.77 with take profit at 1848.45 . Fundamentals:None with high impact on the commodity Comment: Gold was up on Wednesday morning in Asia but remained near a recent low as …

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Daily Market Analysis 15/11/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.921 with take profit at 114.001. Bearish Preference: Sell position is envisaged if price trades below 113.729 with take profit at 113.627. Fundamentals:No Major Fundamental Comment: The US Dollar was softer in Asia today as Treasury yields pulled back from last week’s peak. US 5-year Treasury …

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Daily Market Analysis 12/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1861.11 with take profit at 1864.93. Bearish Preference: Sell position is envisaged if price trades below 1853.26 with take profit at 1848.78. Fundamentals:4pm USD JOLTS Job OpeningsUSD Prelim UoM Consumers Sentiments Comment: Gold was down on Friday morning in Asia, but was set for its biggest weekly …

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Daily Market Analysis 10/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35708 with take profit at 1.35876. Bearish Preference: Sell position is envisaged if price trades below 1.35196 with take profit at 1.35037. Fundamentals:2:30pm USD CPI m/m USD Core CPI m/m Comment: The dollar was up on Wednesday morning in Asia after a three-day loss, and was near …

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Daily Market Analysis 10/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1827.93 with take profit at 1829.96 Bearish Preference: Sell position is envisaged if price trades below 1822.14 with take profit at 1820.26 Fundamentals:2:30pm USD CPI m/m USD Core CPI m/m Comment: Gold was down on Wednesday morning in Asia, retreating from a more than two-month high …

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