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Daily Market Analysis 30|04|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: A buy is envisaged if price trades above 109.060 with take profit at 109.170. Bearish Preference: A sell is envisaged if price trades below 108.675 with take profit at 108.535. Fundamentals:None with high impact  Comment:  The dollar was up on Friday morning in Asia but was set for a fourth consecutive week of …

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Daily Market Analysis 30|04|2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: A buy is envisaged if price trades above 1.22988 with take profit at 1.23099. Bearish Preference: A sell is envisaged if price trades below 1.22632 with take profit at 1.22512. Fundamentals:1:30pm    CAD      GDP m/m  Comment:  The Canadian dollar surged by the most since June 2020 against its U.S. counterpart on Wednesday, April …

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Daily Market Analysis 29|04|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy is envisage if price trades above 108.919 with take profit at 109.014. Bearish Preference: Sell is envisaged if price trades below 108.660 with take profit at 108.500 Fundamentals:USD 1:30PM Advance GDP q/q                      Advance GDP Price Index q/q            …

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Daily Market Analysis 28|04|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13958.00 with take profit at 13973.00. Bearish Preference: Sell position is envisaged if price trades below 13915.60 with take profit at 13904.60. Fundamentals:7:00pm  USD FOMC Statement  Comment:  Corporate results for the first quarter were in the spotlight as one of the busiest weeks of the earnings …

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Daily Market Analysis 28|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38970 with take profit at 1.39091. Bearish Preference: Sell position is envisaged if price trades below 1.38523 with take profit at 1.38323. Fundamentals:7:00pm  USD FOMC Statement  Comment:  The dollar was up on Wednesday morning in Asia ahead of the U.S. Federal Reserve’s latest policy decision and …

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Daily Market Analysis 26|04|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  1780.60 with a take profit at price 1783.71. Bearish Preference: A Sell position is envisaged if price trades below price 1772.54 with a take profit at price 1769.57. Fundamentals:No major fundamental.  Comment:  The price of gold pulls back from a fresh monthly high ($1798) …

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Daily Market Analysis 19|04|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  1.38807 with a take profit at price 1.39034. Bearish Preference: A Sell position is envisaged if price trades below price 1.38246 with a take profit at price 1.38099. Fundamentals:No major fundamental.  Comment: The dollar was up on Monday morning in Asia but remained near …

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Daily Market Analysis 13|04|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18979 with take profit at 1.19093. Bearish Preference: Sell position is envisaged if price trades below 1.18851 with take profit at 1.18743. Fundamentals:1:30pm   USD   CPI m/m                  USD    Core CPI m/m  Comment:  The US Indices have thought pretty well …

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Daily Market Analysis 09|04|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 109.642 with take profit at 109.742 Bearish Preference: Sell position is envisaged if price trades below 109.136 with take profit at 109.006. Fundamentals:1:30 pm USD  Core PPI m/m              USD  PPI m/m3:00 pm USD  Final Wholesale Inventories m/m Comment: The dollar was up …

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