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Daily Market Analysis 29/06/2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34260 with take profit at 34310. Bearish Preference: Sell position is envisaged if price trades below 34041 with take profit at 33962. Fundamentals:3:00pm    USD    CB Consumer Confidence. Comment: Asian shares dropped on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery, …

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Daily Market Analysis 17/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13954.42 with take profit at 13973.12. Bearish Preference: Sell position is envisaged if price trades below 13888.49 with take profit at 13867.83. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index             USD    Unemployment Claims Comment: U.S. stocks were indicated modestly lower Thursday morning, a day …

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Daily Market Analysis 17/06/2021: GOLD

Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1826.07 with take profit at 1834.06. Bearish Preference: Sell position is envisaged if price trades below 1800.54 with take profit at 1789.24. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index             USD    Unemployment Claims Comment: Gold was down on Thursday morning in Asia but staged …

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Daily Market Analysis 17/06/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23088 with take profit at 1.23248. Bearish Preference: Sell position is envisaged if price trades below 1.22459 with take profit at 1.22283. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index              USD    Unemployment Claims Comment: The dollar rose in early European trade Thursday, …

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Daily Market Analysis 14/06/2021: EURJPY

Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 133.101 with take profit at 133.257. Bearish Preference: Sell position is envisaged if price trades below 132.797 with take profit at 132.668. Fundamentals:No major Fundamentals Comment: FX markets have been quiet as measures of volatility have fallen across the board, but much of the lacking price action …

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Daily Market Analysis 04|06|2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21329 with take profit at  1.21471. Bearish Preference: Sell position is envisaged if price trades below 1.21069 with take profit at 1.20921. Fundamentals:1:30pm   USD    Average Hourly Earnings m/m               USD    Non-Farm Employment Change            …

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Daily Market Analysis 04|06|2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41457  with take profit at 1.41585. Bearish Preference: Sell position is envisaged if price trades below 1.41097 with take profit at 1.40977. Fundamentals:1:30pm   USD    Average Hourly Earnings m/m               USD    Non-Farm Employment Change              …

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Daily Market Analysis 25|05|2021: OIL

Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.36 with take profit at 68.64. Bearish Preference: Sell position is envisaged if price trades below 67.91 with take profit at 67.63. Fundamentals:No major fundamental Comment: Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as …

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