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Daily Market Analysis 12/11/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16082.67 with take profit at 16099.82 Bearish Preference: Sell position is envisaged if price trades below 16028.41 with take profit at 16012.47 Fundamentals:4pm USD JOLTS Job OpeningsUSD Prelim UoM Consumers Sentiments Comment: Stock futures moved slightly higher early Friday morning as Wall Street looked to …

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Daily Market Analysis 12/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1861.11 with take profit at 1864.93. Bearish Preference: Sell position is envisaged if price trades below 1853.26 with take profit at 1848.78. Fundamentals:4pm USD JOLTS Job OpeningsUSD Prelim UoM Consumers Sentiments Comment: Gold was down on Friday morning in Asia, but was set for its biggest weekly …

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Daily Market Analysis 05/11/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15482 with take profit at 1.15625. Bearish Preference: Sell position is envisaged if price trades below 1.15197 with take profit at 1.15057. Fundamentals:1:30pm USD Average Hourly Earnings m/m     USD Non-Farm Employment Change     USD Unemployment Rate Comment: EURUSD edged lower this week as the dollar …

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Daily Market Analysis 05/11/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.54 with take profit at 81.79 Bearish Preference: Sell position is envisaged if price trades below 80.57 with take profit at 80.35 Fundamentals:No Major Fundamental Comment: Oil prices rose on Friday after OPEC+ producers rebuffed a U.S. call to raise supply to cool the market, …

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Daily Market Analysis 05/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35153 with take profit at 1.35298. Bearish Preference: Sell position is envisaged if price trades below 1.34593 with take profit at 1.34427. Fundamentals:1:30pm USD Average Hourly Earnings m/m     USD Non-Farm Employment Change     USD Unemployment Rate Comment: GBP/USD lost 1.3% on Thursday and registered its …

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Daily Market Analysis 05/11/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.864 with take profit at 113.972 Bearish Preference: Sell position is envisaged if price trades below 113.679 with take profit at 113.581 Fundamentals:1:30pm USD Average Hourly Earnings m/m     USD Non-Farm Employment Change     USD Unemployment Rate Comment: The dollar was marginally lower in early …

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Daily Market Analysis 29/10/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.34 with take profit at 84.58 Bearish Preference: Sell position is envisaged if price trades below 83.42 with take profit at 83.23 Fundamentals:No major fundamental Comment: Oil rose further above $84 a barrel on Friday, within sight of a multi-year high hit this week, as expectations …

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Daily Market Analysis 29/10/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38033 with take profit at 1.38134. Bearish Preference: Sell position is envisaged if price trades below 1.37738  with take profit at 1.37642. Fundamentals:1:30pm USD Core PCE price    IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The GBP/USD pair has managed to erase a portion of …

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Daily Market Analysis 29/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1798.47 with take profit at 1800.59 Bearish Preference: Sell position is envisaged if price trades below 1793.22 with take profit at 1790.35 Fundamentals:1:30pm USD Core PCE price    IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: Gold was down on Friday morning in Asia, …

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Daily Market Analysis 29/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16793 with take profit at 1.16889. Bearish Preference: Sell position is envisaged if price trades below 1.16544 with take profit at 1.16441. Fundamentals:1:30pm USD Core PCE price    IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The dollar hovered near its weakest level in a …

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