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Daily Market Analysis 18/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19552 with take profit at 1.19800. Bearish Preference: Sell position is envisaged if price trades below 1.18641 with take profit at 1.18401 Fundamentals:None with high impact on the pair. Comment: The dollar edged higher in early European trade Friday, continuing to benefit from Wednesday’s surprise move …

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Daily Market Analysis 18/06/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.53 with take profit at 1796.53. Bearish Preference: Sell position is envisaged if price trades below 1777.31 with take profit at 1769.29. Fundamentals:None with high impact on the commodity. Comment: the yellow metal is set to close the week at its lowest level since March …

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Daily Market Analysis 11/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  14013.80  with take profit at 14032.43. Bearish Preference: Sell position is envisaged if price trades below 13919.59 with take profit at 13893.42. Fundamentals:3:00pm    USD    Prelim UoM Consumer Sentiment Comment: U.S. stock index futures rose on Friday after inflation data calmed concerns over a possible long-term spike in …

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Daily Market Analysis 11/06/2021: GOLD

Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1892.81 with take profit at 1895.51. Bearish Preference: Sell position is envisaged if price trades below 1883.74 with take profit at 1881.35. Fundamentals:3:00pm    USD    Prelim UoM Consumer Sentiment Comment: Gold futures are trading flat to lower on Friday as traders continue to assess the impact of yesterday’s …

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Daily Market Analysis 11/06/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  109.543  with take profit at 109.658. Bearish Preference: Sell position is envisaged if price trades below 109.178 with take profit at 109.069. Fundamentals:3:00pm    USD    Prelim UoM Consumer Sentiment Comment: The dollar was down on Friday morning in Asia after the U.S. posted higher-than-expected inflation data in May. Early …

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Daily Market Analysis 11/06/2021: EURJPY

Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 133.416 with take profit at 133.555. Bearish Preference: Sell position is envisaged if price trades below 133.176 with take profit at 133.059. Fundamentals:9:00 am  EUR  Italian Quarterly Unemployment Rate Comment: EURJPY has started the Asian Section with a bullish movement on the D1 time frame where …

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Daily Market Analysis 04|06|2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21329 with take profit at  1.21471. Bearish Preference: Sell position is envisaged if price trades below 1.21069 with take profit at 1.20921. Fundamentals:1:30pm   USD    Average Hourly Earnings m/m               USD    Non-Farm Employment Change            …

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Daily Market Analysis 04|06|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41457  with take profit at 1.41585. Bearish Preference: Sell position is envisaged if price trades below 1.41097 with take profit at 1.40977. Fundamentals:1:30pm   USD    Average Hourly Earnings m/m               USD    Non-Farm Employment Change              …

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Daily Market Analysis 04|06|2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.359  with take profit at 110.509. Bearish Preference: Sell position is envisaged if price trades below 110.120 with take profit at 109.980. Fundamentals:12:00pm USD    Fed Chair Powell Speaks1:30pm   USD    Average Hourly Earnings m/m               USD    Non-Farm Employment Change    …

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Daily Market Analysis 04|06|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13546.16 with take profit at 13562.97. Bearish Preference: Sell position is envisaged if price trades below 13503.43 with take profit at 13484.52. Fundamentals:12:00pm USD    Fed Chair Powell Speaks1:30pm   USD    Average Hourly Earnings m/m               USD    Non-Farm Employment Change  …

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