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Daily Market Analysis 18/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15030.96 with take profit at 15039.28. Bearish Preference: Sell position is envisaged if price trades below 14992.66 with take profit at 14982.24. Fundamentals:7:00pm    USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …

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Daily Market Analysis 18/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37764 with take profit at 1.37967. Bearish Preference: Sell position is envisaged if price trades below 1.37286 with take profit at 1.37135. Fundamentals:7:00pm    USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …

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Daily Market Analysis 18/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.04 with take profit at 1800.17. Bearish Preference: Sell position is envisaged if price trades below 1788.29 with take profit at 1786.20. Fundamentals:7:00pm    USD FOMC Meeting Minutes Comment: Gold was up on Wednesday morning in Asia. Investors turned towards the safe-haven yellow metal as increasing …

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Daily Market Analysis 13/08/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.563 with take profit at 110.691. Bearish Preference: Sell position is envisaged if price trades below 110.230 with take profit at 110.118. Fundamentals:3:00pm    USD    Prelim UoM Consumer Sentiment Comment: The dollar slightly retreated in early European trading Friday, but remained near its highest level in four …

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Daily Market Analysis 13/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1761.59 with take profit at 1763.57. Bearish Preference: Sell position is envisaged if price trades below 1752.33 with take profit at 1750.06. Fundamentals:3:00pm    USD    Prelim UoM Consumer Sentiment Comment: Gold was up on Friday morning in Asia, but was set for a second consecutive weekly …

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