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Daily Market Analysis 22/06/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39491 with take profit at 1.39699. Bearish Preference: Sell position is envisaged if price trades below 1.38630 with take profit at 1.38435. Fundamentals:7:00pm    USD    Fed Chair Powell Testifies Comment: The dollar stabilized in early European trade Tuesday, after handing back some of the previous week’s gains during the …

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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 16/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  14076.17 with take profit at 14098.76. Bearish Preference: Sell position is envisaged if price trades below  13996.34 with take profit at 13970.12. Fundamentals:USD 7:00 pm FOMC Economic Projections                       FOMC Statement                  …

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Daily Market Analysis 16/06/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41305 with take profit at 1.41441. Bearish Preference: Sell position is envisaged if price trades below 1.40967 with take profit at 1.40839. Fundamentals:USD 7:00 pm FOMC Economic Projections                       FOMC Statement                      …

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Daily Market Analysis 15/06/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1871.65 with take profit at 1874.65. Bearish Preference: Sell position is envisaged if price trades below 1862.63 with take profit at 1859.34. Fundamentals:1:30pm    USD Core Retail Sales m/m    USD PPI m/mUSD Retail Sales m/m Comment: Gold was down on Tuesday morning in Asia, continuing its losses …

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Daily Market Analysis 14/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  1.21207 with take profit at 1.21382. Bearish Preference: Sell position is envisaged if price trades below 1.20847 with take profit at 1.20640. Fundamentals:No major Fundamentals Comment: The coming week will be dominated by hopes for guidance on US monetary policy Wednesday by the rate-setting Federal Open …

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