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Daily Market Analysis 03|05|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.38808 with take profit at 1.38938. Bearish Preference: Sell position is envisaged if price trades below 1.38590 with take profit at 1.38473. Fundamentals:None with high Impact Comment: The Federal Reserve Chair Jerome Powell made his best efforts to say price rises are temporary. On the other hand, …

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Daily Market Analysis 30|04|2021: OILS

Instrument: OILs Technical Analysis Bullish Preference:  A buy is envisaged if price trades above 67.15 with take profit at 67.41. Bearish Preference: A sell is envisaged if price trades below 66.23 with take profit at 65.93. Fundamentals:None with high Impact Comment: Oil futures pulled back Friday, with weakness tied to worries over the global economic outlook, but remained on track …

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Daily Market Analysis 28|04|2021: GBPJPY

Instrument: GBPJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 151.362 with take profit at 151.562. Bearish Preference: Sell position is envisaged if price trades below 150.820 with take profit at 150.620. Fundamentals:None with high impact Comment: The British pound has rallied a bit during the trading session on Tuesday but has given back some of …

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