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Daily Market Analysis 02.06.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.06976 with take profit at  1.07071 Bearish Preference: Sell position is envisaged if price trades below price 1.06777 with take profit at 1.06646 Fundamentals:1:15pm    USD ADP Non-Farm                    Employment Change1:30pm   USD Unemployment            …

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Daily Market Analysis 01.06.2022: EURCAD

Instrument: EURCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.35917 with take profit at  1.36107 Bearish Preference: Sell position is envisaged if price trades  below 1.35405 with take profit at 1.35182 Fundamentals:12:00pm EUR President Lagarde Speaks3:00pm   CAD BOC Rate Statement CAD   Overnight Rate Comment: European equities are set to start the month of June on …

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Daily Market Analysis 01.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1838.34 with take profit at  1840.11 Bearish Preference: Sell position is envisaged if price trades below price 1828.94 with take profit at 1825.96 Fundamentals:3 PM  USD    Manufacturing PMI            USD    JOLTS Job Openings6pm   USD    Bullard Speaks Comment: U.S. President Joe …

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Daily Market Analysis 27/07/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.190 with take profit at 110.324. Bearish Preference: Sell position is envisaged if price trades below 109.994 with take profit at 109.872. Fundamentals:8:30am    JPY    BOJ Gov                            Kuroda Speaks3:00pm    USD    CB Consumer        …

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Daily Market Analysis 14/07/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 76.74 with take profit at 76.96. Bearish Preference: Sell position is envisaged if price trades below 76.07 with take profit at 75.92. Fundamentals:3:30pm    USD    Crude Oil Inventories Comment: Oil prices steadied after data showed that China’s first-half crude imports dropped 3% from January to June versus …

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Daily Market Analysis 30/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19114 with take profit at 1.19228. Bearish Preference: Sell position is envisaged if price trades below 1.18924 with take profit at 1.18817. Fundamentals:1:15pm    USD ADP Non-Farm Employment Change Comment: The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of …

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Daily Market Analysis 30/06/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.61 with take profit at 74.77. Bearish Preference: Sell position is envisaged if price trades below 74.24 with take profit at 74.11. Fundamentals:3:30pm    USD Crude Oil Inventories Comment: Oil was up Wednesday morning in Asia after the Organization of the Petroleum Exporting Countries and allies (OPEC+) …

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Daily Market Analysis 29/06/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.673 with take profit at 110.749. Bearish Preference: Sell position is envisaged if price trades below 110.420 with take profit at 110.310. Fundamentals:3:00pm    USD    CB Consumer Confidence. Comment: Financial markets are in risk-off mode, with the greenback firmer against most of its major rivals. Japan published the …

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Daily Market Analysis 29/06/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.42 with take profit at 74.66. Bearish Preference: Sell position is envisaged if price trades below 73.68 with take profit at 73.43. Fundamentals:No Major Fundamentals. Comment: Crude oil prices weakened Tuesday, with the growth of Covid cases, mainly in the U.K. but also a number of Asian …

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