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Jerome Powell

Daily Market Analysis 26/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.36 with take profit at 1792.52. Bearish Preference: Sell position is envisaged if price trades below 1786.30 with take profit at 1784.46. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: The economic data slate includes the weekly initial jobless claims release, at 8:30 AM ET (1230 …

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Daily Market Analysis 04/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39383 with take profit at 1.39493. Bearish Preference: Sell position is envisaged if price trades below 1.39162 with take profit at 1.39049. Fundamentals:1:15pm    USD ADP Non-Farm Employment Change3:00pm    USD ISM Services PMI Comment: The dollar edged lower Wednesday, remaining near recent lows ahead of the …

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Daily Market Analysis 30/07/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24815 with take profit at 1.24973. Bearish Preference: Sell position is envisaged if price trades below 1.24202 with take profit at 1.24054. Fundamentals:1:30pm    CAD    GDP m/m1:30pm    USD    Core PCE                        Price Index m/m2:45pm    USD    Chicago PMI3:00pm   …

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