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Daily Market Analysis 12.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.17081 with take profit at 1.17236 Bearish Preference: A Sell position is envisaged if price trades below price 1.16699 with take profit at 1.16545 Fundamentals:7:00am GBP GDP m/m Comment: GBP/USD rose 0.7% to 1.1667, piggy-backing on the euro’s gains versus the dollar, although the latest economic data showed …

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Daily Market Analysis 12.09.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 1728.98 with take profit at 1730.43 Bearish Preference: A sell position is envisaged if price trades below price 1722.88 with take profit at 1721.55 Fundamentals:No major fundamental Comment: Gold prices inched higher on Monday, retaining mild gains from last week as the dollar fell further from 20-year …

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Daily Market Analysis 06.09.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A buy position is envisaged if price trades above 1718.57 with take profit at  1720.27 Bearish Preference: A sell position is envisaged if price trades below price 1711.57 with take profit at 1710.21 Fundamentals:2:45pm USD    Final Services PMI3PM      USD    ISM Services PMI Comment: The U.S. dollar rose to a new two-decade high in …

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Daily Market Analysis 22.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 95.62 with take profit at 95.89 Bearish Preference: A Sell position is envisaged if price trades below price 94.70 with take profit at 94.46 Fundamentals:None with high impact Comment: Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive U.S. …

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Daily Market Analysis 19.08.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 96.38 with take profit at  96.79. Bearish Preference: A Sell position is envisaged if price trades below price 94.95 with take profit at 94.50. Fundamentals:None with high impact Comment: Oil prices slipped on Friday after two days of gains, as market participants weighed worries about …

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Daily Market Analysis 11.08.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.03369 with take profit at 1.03516 Bearish Preference: Sell position is envisaged if price trades below 1.03071 with take profit at 1.02924 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims  Comment:European Stock Futures Higher; Weaker U.S. CPI Boosts Sentiment European stock markets are expected to open …

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Daily Market Analysis 05.08.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13686.5 with Take Profit at 13703.7 Bearish Preference: Sell position is envisaged if price trades  below 13621.7 with Take Profit at 13607.9 Fundamentals:No major fundamental Comment:European shares eked out gains on Thursday as some strong quarterly results lent support, while Britain’s FTSE 100 underperformed peers after the UK central …

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USDCAD Analysis

Daily Market Analysis 04.08.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.28550 with take profit at 1.28623 Bearish Preference: Sell position is envisaged if price trades  below 1.28295 with take profit at  1.28198 Fundamentals:1:30PM USD Unemployment Claims5:00PM USD FOMC Member Mester Speaks Comment: USD/CAD rose 0.1% to 1.3127, with the greenback regaining its poise after the Bank of Canada went all …

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Daily Market Analysis 02.08.2022: US2000

Instrument: US2000 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1880.9 with take profit at  1889.5 Bearish Preference: Sell position is envisaged if price trades  below 1864.2 with take profit at 1855.9 Fundamentals:3:00pm    USD JOLTS Job Openings Comment:Stocks gave up some of a strong rally from last week that was driven by bets the Federal Reserve …

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Daily Market Analysis 01.08.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13045.80 with take profit at 13123.99 Bearish Preference: Sell position is envisaged if price trades  below 12871.20 with take profit at 12798.12 Fundamentals:3:00pm    USD ISM Manufacturing PMI Comment: U.S. stocks are seen opening marginally lower Monday, handing back some of the recent gains ahead of the …

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