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Daily Market Analysis 13.05.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.03994 with take profit at 1.04119 Bearish Preference: Sell position is envisaged if price trades below 1.03663 with take profit at 1.03561 Fundamentals:No Major Fundamental Comment: The U.S. dollar edged lower in early European trade Friday, but remained near a 20-year high with Federal Reserve Chair Jerome Powell …

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Daily Market Analysis 11.05.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.05777 with take profit at 1.05890 Bearish Preference: Sell position is envisaged if price trades below 1.05367 with take profit at 1.05297 Fundamentals:1:30pm     USD    CPI m/m                                    …

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USDCAD Analysis

Daily Market Analysis 11.05.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.29871 with take profit at 1.30021 Bearish Preference: Sell position is envisaged if price trades below 1.29492 with take profit at 1.29380 Fundamentals:1:30pm     USD    CPI m/m                                      …

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Daily Market Analysis 10.05.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12478.72 with take profit at 12586.84 Bearish Preference: Sell position is envisaged if price trades below 12229.34 with take profit at 12133.42 Fundamentals:FOMC Member Waller Speaks by 6 PMFOMC Member Mester Speaks by 8 PM Comment: European stocks and U.S. futures rebounded on Tuesday, following another selloff across …

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Daily Market Analysis 10.05.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13615.6 with take profit at 13642.4 Bearish Preference: Sell position is envisaged if price trades below 13487.8 with take profit at 13457.1 Fundamentals:No Major fundamentals Comment: U.S. stocks are seen opening lower Monday, continuing the recent selloff ahead of the release of the latest consumer inflation data which …

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Daily Market Analysis 09.05.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12470.66 with take profit at 12503.86 Bearish Preference: Sell position is envisaged if price trades below 12322.31 with take profit at 12278.43 Fundamentals:No Major fundamentals Comment: U.S. stocks are seen opening lower Monday, continuing the recent selloff ahead of the release of the latest consumer inflation data which …

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Daily Market Analysis 09.05.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13753.5 with take profit at 13838.0 Bearish Preference: Sell position is envisaged if price trades below 13459.2 with take profit at 13368.4 Fundamentals:No major fundamental Comment: European stock markets are expected to open lower Monday as investors continue to fret about slowing global growth and central banks …

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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 03.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1862.43 with take profit at 1866.45 Bearish Preference: Sell position is envisaged if price trades below 1850.17 with take profit at 1845.54 Fundamentals:No major Fundamental. Comment: The price of gold cleared the March low ($1890) as it trades below the 50-Day SMA ($1940) for the first time …

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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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