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Daily Market Analysis 04.03.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13532.4 with take profit at 13593.8 . Bearish Preference: Sell position is envisaged if price trades below 13402.2 with take profit at 13346.8. Fundamentals:No major fundamental Comment: European stock markets are expected to open sharply lower Friday amid signs the fighting in Ukraine is intensifying, with an …

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Daily Market Analysis 03.03.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14228.55 with take profit at 14272.46. Bearish Preference: Sell position is envisaged if price trades below 14110.91 with take profit at 14037.93. Fundamentals:2:30pm        USD   Unemployment Claims4:00pm        USD   Fed Chair Powell Testifies         USD   ISM …

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Daily Market Analysis 03.03.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.11026 with take profit at 1.11198. Bearish Preference: A Sell position is envisaged if price trades below 1.10741 with take profit at 1.10587. Fundamentals:2:30pm        USD   Unemployment Claims4:00pm        USD   Fed Chair Powell Testifies         USD   …

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Daily Market Analysis 02.03.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 14016.7 with take profit at 14151.9. Bearish Preference: A Sell position is envisaged if price trades below 13624.6 with take profit at 13496.1. Fundamentals:No major Fundamental. Comment: Asian stocks came under renewed pressure on Wednesday as investors are worried about the impact of aggressive sanctions against Russia …

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Daily Market Analysis 02.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1944.01 with take profit at 1947.79 . Bearish Preference: Sell position is envisaged if price trades below 1934.65 with take profit at 1929.42. Fundamentals:2:15pm USD ADP Non-Farm Employment Change4PM USD Fed Chair Powell Testifies Comment: Jittery markets once again came to the rescue of gold, helping the …

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Daily Market Analysis 01.03.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 104.08 with take profit at  104.92. Bearish Preference: A Sell position is envisaged if price trades below 101.72 with take profit at 100.49. Fundamentals:No major Fundamental. Comment: Crude oil prices pushed higher, with the global benchmark Brent trading over the $100 a barrel level, on concerns that …

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Daily Market Analysis 01.03.2022: DE30

Instrument: DE30 Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 14519.0 with take profit at  14590.1. Bearish Preference: A Sell position is envisaged if price trades below 14303.5 with take profit at 14218.7. Fundamentals:No major Fundamental. Comment: European stock markets sold off sharply Monday, as investors digested the news of Western governments ramping up the sanctions on …

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Daily Market Analysis 01.03.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.12446 with take profit at 1.12735. Bearish Preference: Sell position is envisaged if price trades below 1.12076 with take profit at  1.11887. Fundamentals:10:00am         USD        ISM Manufacturing PMI Comment: Following Monday’s talks, delegations from Russia and Ukraine announced that they will …

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