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Daily Market Analysis 09.05.2022: OIL

Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.90 with take profit at 111.39 Bearish Preference: Sell position is envisaged if price trades below 108.80 with take profit at108.28 Fundamentals:No major fundamental Comment: Oil prices slipped on Monday alongside equities and weighed down by a strong dollar and demand concerns on the back of continued …

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Daily Market Analysis 06.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1886.45 with take profit at 1889.04 Bearish Preference: Sell position is envisaged if price trades below 1878.16 with take profit at 1875.91 Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Non-Farm Employment Change Comment: Gold was down on Wednesday morning in Asia as U.S. Treasury yields rose …

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Daily Market Analysis 26.04.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 103.89 with take profit at 104.27 Bearish Preference: Sell position is envisaged if price trades below 102.27 with take profit at 101.89 Fundamentals:No major Fundamental. Comment: Demand concerns in China, the world’s largest crude oil importer, added downward pressure on Tuesday. China’s capital Beijing has expanded its COVID-19 …

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Daily Market Analysis 26.04.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.27460 with take profit at 1.27617 Bearish Preference: Sell position is envisaged if price trades below 1.26918 with take profit at 1.26797 Fundamentals:No major Fundamental. Comment: The U.S. dollar stabilized in early European trade Tuesday, but remained near a two-year high on demand for this safe haven as …

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Daily Market Analysis 25.04.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 102.66 with take profit at 103.11 Bearish Preference: Sell position is envisaged if price trades below 101.67 with take profit at 101.07 Fundamentals:No major Fundamental. Comment: Oil prices slumped to about two-week lows on Monday, extending losses from last week, as concerns grew that prolonged COVID-19 lockdowns …

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Daily Market Analysis 25.04.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1919.44 with take profit at  1922.46 Bearish Preference: Sell position is envisaged if price trades below 1910.75 with take profit at 1907.59 Fundamentals:No major Fundamental. Comment: Gold prices fell on Monday to their lowest in four weeks, as bets for an increasingly aggressive and hawkish U.S. Federal Reserve …

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Daily Market Analysis 18.04.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1980.85 with take profit at  1983.55 Bearish Preference: Sell position is envisaged if price trades below 1974.76 with take profit at 1972.40 Fundamentals:No major Fundamental. Comment: A fledgling class of crypto that feasts on risk is outshining a wider market paralyzed by war and inflation. Coins backed …

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Daily Market Analysis 11.04.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 101.45 with take profit at 102.35 Bearish Preference: Sell position is envisaged if price trades below 99.61 with take profit at 98.84 Fundamentals:No major Fundamental. Comment: The price of oil spiked to a fresh yearly high ($130.50) in March amid the disruptions caused by the Russia-Ukraine war. …

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Daily Market Analysis 29.03.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14627.7 with take profit at  14650.7 Bearish Preference: Sell position is envisaged if price trades below 14582.6 with take profit at 14551.6. Fundamentals:No Major Fundamental Comment: European stock markets are expected to open marginally higher Tuesday ahead of the start of another round of peace talks between …

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Daily Market Analysis 25.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1958.82 with a take profit at 1961.39 . Bearish Preference: Sell position is envisaged if price trades below 1949.24 with a take profit at 1946.65. Fundamentals:No major Fundamental Comment: Gold prices were little changed on Friday, as firmer U.S. Treasury yields offset non-yielding bullion’s demand, but the metal …

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