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Daily Market Analysis 15.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1707.32 with take profit at 1710.11. Bearish Preference: Sell position is envisaged if price trades below 1702.22 with take profit at 1700.16. Fundamentals:1:30PM USD Core Retail Sales3:00PM USD Prelim UoM Consumer Sentiment Comment:Gold was up on Friday morning in Asia as the dollar rally eased …

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Daily Market Analysis 08.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1750.10 with take Profit at 1753.25 Bearish Preference: Sell position is envisaged if price trades below price 1737.53 with take Profit at 1735.14 Fundamentals:1:30PM USD Non-Farm Employment Change. Comment:The dollar was up on Friday morning in Asia, but moves were small as some recession fears eased on …

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Daily Market Analysis 08.07.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.01964 with take Profit at 1.02225 Bearish Preference: Sell position is envisaged if price trades below price 1.01137 with take Profit at 1.00847 Fundamentals:1:30PM USD Non-Farm Employment Change. Comment: European stock markets edged slightly lower Friday, ending the week on a cautious note ahead of a …

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Daily Market Analysis 08.07.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 106.59 with take Profit at 107.21. Bearish Preference: Sell position is envisaged if price trades below price 103.54 with take Profit at 102.93. Fundamentals:No major fundamentals Comment:Oil prices edged slightly higher in volatile Asian trade on Friday, reversing earlier losses as the market weighed up …

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Daily Market Analysis 08.07.2022: US100

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12182.19 with take Profit at 12233.96. Bearish Preference: Sell position is envisaged if price trades below price 12047.33 with take Profit at 12000.12. Fundamentals:1:30PM USD Non-Farm Employment Change. Comment: U.S. indices rose with Treasury yields on Thursday as investors bet on economic light at the end of …

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Daily Market Analysis 01.07.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12863.3 with take profit at 12887.5 Bearish Preference: Sell position is envisaged if price trades below price12700.1 with take profit at 12673.7 Fundamentals:10:00am EUR CPI Flash Estimate y/y  Comment:European stock markets slumped Thursday, ending a tough month on a gloomy note, weighed by concerns like aggressive …

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Daily Market Analysis 01.07.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.21380 with take profit at 1.21595 Bearish Preference: Sell position is envisaged if price trades  below 1.20786 with take profit at 1.20572 Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The U.S. dollar edged higher in early European trade Friday, trading close to the highs of the year on safe-haven …

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Daily Market Analysis 24.06.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11878.31 with take profit at  11902.53 Bearish Preference: Sell position is envisaged if price trades below price 11796.91 with take profit at 11777.81 Fundamentals:No major fundamental Comment:The U.S. dollar slipped on Friday and was heading for its first weekly decline this month as traders dialled down …

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Daily Market Analysis 24.06.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.23472 with take profit at  1.23680 Bearish Preference: Sell position is envisaged if price trades  below 1.22325 with take profit at 1.22137 Fundamentals:No Major Fundamental Comment: U.K. manufacturing activity is slowing more sharply than expected as persistent price pressures take their toll on manufacturers and service companies alike, …

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Daily Market Analysis 24.06.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 108.13 with take profit at  108.60 Bearish Preference: Sell position is envisaged if price trades below price 105.27 with take profit at 104.88 Fundamentals:No major fundamental Comment:Oil was down on Friday morning in Asia as fears of slower demand from slowing U.S. economic growth and supply …

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