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Daily Market Analysis 14|01|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31157 with take profit at 31170. Bearish Preference: Sell position is envisaged if price trades below the 30825 with take profit at 30810. Fundamentals:2:30pm USD Import m/mUSD Unemployment Claims Comment: Equities remain supported by the prospect of more fiscal aid for the economy from the …

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Daily Market Analysis 13|01|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1875.86 with take profit at 1889.77 Bearish Preference: Enter a Sell position if price trades below 1843.81 with take profit at 1830.74 Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: Gold was up on Wednesday morning in Asia, with both the dollar and U.S. Treasury yields …

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Daily Market Analysis 13|01|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31053 with take profit at 31112. Bearish Preference: Enter a Sell position if price trades below 30948 with take profit at 30832. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: U.S. stocks finished Tuesday trading higher but the Dow missed booking its first record peak …

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Daily Market Analysis 12|01|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1862.70 with take profit at 1871.42. Bearish Preference: Sell is envisaged if price trades below 1856.40 with take profit at 1847.60. Fundamentals:No Major Fundamentals. Comment: Gold was down early hours on Tuesday morning, declining slightly as a firmer dollar and high Treasury yields outweighed U.S. political uncertainty …

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Daily Market Analysis 12|01|2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13968.90 with take profit at 13982.50. Bearish Preference: Sell is envisaged if price trades below 13983.80 with take profit at 13933.80. Fundamentals:No Major Fundamentals Comment: Germany reported an increase in coronavirus cases even as most of Europe was under the strictest restrictions, worldwide coronavirus cases surpassed …

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Daily Market Analysis 11|01|2021: OIL

Instrument: OIL Technical Analysis Bullish Preference: Buy is envisaged if price trades above 55.35 with take profit at 55.98. Bearish Preference: Sell is envisaged if price trades below 54.52 with take profit at 54.04. Fundamentals:No Fundamentals. Comment: Oil prices saw a surge last week, and we can attribute that to the rise in vaccine distribution, we expect prices to cool …

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Daily Market Analysis 11|01|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.35155 with take profit at 1.35546. Bearish Preference: Sell is envisaged if price trades below 1.34728 with take profit at 1.34312. Fundamentals:No Fundamentals Comment: The buck had some strength last week Friday as this could be attributed to data’s that favored the USD, we saw average …

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Daily Market Analysis 06|01|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1953.80 with take profit at 1955.80. Bearish Preference: Enter a Sell position if price trades below 1940.18 with take profit at 1938.18. Fundamentals:8:00pm USD FOMC Meeting Minutes. Comment: Gold was down on Wednesday morning in Asia, with investors awaiting the results of a U.S. Senate runoff …

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Daily Market Analysis 06|01|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 30466 with take profit at 30622. Bearish Preference: Enter a Sell position if price trades below 30164 with take profit at 30040. Fundamentals:8:00pm USD FOMC Meeting Minutes. Comment: Wall Street had Georgia squarely on its mind overnight, with equity futures and bonds mostly in the …

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Daily Market Analysis 05|01|2021: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13707.25 with take profit at 13717.50. Bearish Preference: Sell is envisaged if price trades below 13642.15 with take profit at 13623.10. Fundamentals:No Major Fundamentals Comment: Germany stocks were mixed after the close on Monday the first trading day of the new year, as gains in the Retail, …

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