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october

Daily Market Analysis 08/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15729 with take profit at 1.15809 Bearish Preference: Sell position is envisaged if price trades below 1.15534 with take profit at 1.15428 Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD  Non-Farm Employment ChangeUSD Unemployment Rate Comment: The Federal Reserve indicated at its last meeting that it is likely to …

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Daily Market Analysis 08/10/2021: USDCHF

Instrument: USDCHF Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.93128 with take profit at 0.93202. Bearish Preference: A Sell position is envisaged if price trades below price 0.92861 with take profit at 0.92782. Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD  Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar was up on Friday morning in Asia. However, …

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Daily Market Analysis 08/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1760.92 with take profit at 1763.18 Bearish Preference: Sell position is envisaged if price trades below 1751.54 with take profit at 1749.31 Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD  Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar edged higher Friday ahead of the release of the highly-anticipated …

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Daily Market Analysis 07/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1764.71 with take profit at 1766.54 Bearish Preference: Sell position is envisaged if price trades below 1757.81 with take profit at 1756.32 Fundamentals:1:30pm USD Unemployment Claims Comment: The dollar held close to a 14-month high against the euro on Thursday, as a surge in energy …

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Daily Market Analysis 07/10/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.36288 with take profit at 1.36411. Bearish Preference: A Sell position is envisaged if price trades below price 1.35689 with take profit at 1.35550. Fundamentals: 1:30pm USD Unemployment Claims Comment: The GBP/USD pair quickly recovered around 25-30 pips from the early European session lows, albeit …

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Daily Market Analysis 07/10/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 80.24 with take profit at 80.55 Bearish Preference: Sell position is envisaged if price trades below 78.68 with take profit at 78.35 Fundamentals:No Major Fundamental Comment: Oil prices dropped for a second session on Thursday, under pressure from an unexpected rise in U.S. crude stocks …

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Daily Market Analysis 07/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.15721 with take profit at 1.15804. Bearish Preference: A Sell position is envisaged if price trades below price 1.15470 with take profit at 1.15368. Fundamentals: 1:30pm USD Unemployment Claims Comment: The dollar edged lower Thursday as a compromise over the U.S. debt ceiling appeared likely, …

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Daily Market Analysis 06/10/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.15445 with take profit at 1.15550. Bearish Preference: A Sell position is envisaged if price trades below price 1.15264 with take profit at 1.15180. Fundamentals:1:15PM USD ADP Non-Farm Employment Change Comment: The dollar traded higher Wednesday, with this safe haven boosted by concerns rising energy …

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Daily Market Analysis 06/10/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.57 with take profit at 82.96 Bearish Preference: Sell position is envisaged if price trades below 81.53 with take profit at 81.25 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+’s refusal to ramp …

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Daily Market Analysis 06/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1757.42 with take profit at 1760.91 Bearish Preference: Sell position is envisaged if price trades below 1745.09 with take profit at 1742.53 Fundamentals:1:15PM USD ADP Non-Farm Employment Change Comment: Gold was down on Wednesday morning in Asia as the dollar strengthened and U.S. Treasury yields …

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