fundamental analysis

  1. syamfx2020

    DAILY MARKET REPORT - Wed, Sep 22, 2021

    EURUSD remains under pressure ahead of the FOMC meeting. The key support area to watch today is 1.1680. The currency pair has been moving lower since June, largely due to a broad strengthening in the US dollar. In the short term if the pair break below the support 1.1700 the next immediate...
  2. syamfx2020

    DAILY MARKET REPORT - Wednesday, July 28, 2021

    The king dollar slipped against most majors on Wednesday as the USD traders remained cautious of FOMC interest rate decision and the Fed Chair Jerome Powell press conference. The central bank is scheduled to issue its policy statement at 18.00 GMT. The Federal Open Market Committee is expected...
  3. syamfx2020

    DAILY MARKET REPORT - Friday, July 23, 2021

    The social media company Twitter (NYSE: TWTR) shares rallied almost 8% in after-hours trading, to as high as $76 following the company announced better-than-expected second-quarter financial results. The company reported average monetizable daily active users of 206 million for Q2. Twitter stock...
  4. syamfx2020

    Pound regains momentum against the USD and Euro

    The British pound bounced 200 pips from the weekly lows after the USD gives back some of the gains. At the time of writing, the GBP/USD trades above 1.3760. Moving ahead to the end of the week, the GBP traders will now be focused on Friday’s UK retail sales figures. Economists are predicting a...
  5. syamfx2020

    DAILY MARKET REPORT - Thursday, July 22, 2021

    Today the attention in the markets remains focused on possible measures and changes that the European Central Bank may undertake in the July meeting to deal with rising inflation. The ECB Monetary Policy Statement is set to be released at 11:45 GMT. Along with this release will see the ECB...
  6. syamfx2020

    DAILY MARKET REPORT - Thursday, July 22, 2021

    Today the attention in the markets remains focused on possible measures and changes that the European Central Bank may undertake in the July meeting to deal with rising inflation. The ECB Monetary Policy Statement is set to be released at 11:45 GMT. Along with this release will see the ECB...
  7. syamfx2020

    DAILY MARKET REPORT - Friday, July 16, 2021

    Worldwide, more than 188.3 million people have been confirmed infected and more than 4.06 million have died. The United States has confirmed over 33.9 million cases and has had more than 608,000 deaths from COVID-19, the highest totals in the world. On Thursday, the World Health Organization...
  8. syamfx2020

    DAILY MARKET REPORT - Thursday, July 15, 2021

    Gold price rose to a fresh monthly high of $1832 on Thursday. The recent bullish move supported by the renewed coronavirus surge in many parts of the world and a sharp rise in U.S inflation. In the short-term If the bullish momentum continues the next upside levels to watch $1836/40. EQUITIES...
  9. syamfx2020

    Tesla stock summary: falls, struggles and opportunities

    Thinking about investing in Tesla stock? please watch my detailed analysis about Tesla stock -
  10. syamfx2020

    Zoom is surging: Will the stock sustain bull run?

    Stay-at-home stock Zoom (NASDAQ: ZM) gained more than 20% since the start of June 2021. Will the stock sustain bull run? Read my detailed blog here- https://gulfbrokers.com/en/zoom-is-surging-will-the-stock-sustain-bull-run
  11. syamfx2020

    DAILY MARKET REPORT - Wednesday, July 07, 2021

    US Dollar Index rebounded back to above 92.50 on a strong safe-haven bid. Crude Oil prices slightly recovered while GOLD stays above $1800 ahead of FED minutes. EURO remains lower against the US dollar and British pound. Read more- https://gulfbrokers.com/en/daily-market-report-344
  12. syamfx2020

    US oil trades above $70 mark: Can the rally last?

    US oil price benchmark West Texas Intermediate (WTI) gained more than 6% since the start of June and reached the highest level since 2018. Read my detailed fundamental and technical analysis of WTI here - https://gulfbrokers.com/en/us-oil-trades-above-70-mark-can-the-rally-last
  13. syamfx2020

    DAILY MARKET REPORT - Friday, June 11, 2021

    Upbeat UK GDP data failed to impress the British pound. $1880 and $1904 are the key levels to watch for Gold today. US oil price stays above $70. European shares and the US stocks mixed ahead of G7 Summit. Technical analysis -Gold and GBPUSD Read more-...
  14. syamfx2020

    EURUSD hovers near 1.2200 ahead of ECB meeting

    EURUSD hovers near 1.2200 ahead of the highly anticipated European central bank meeting on Thursday. Preview of the ECB meeting and EURUSD key technical levels- https://gulfbrokers.com/en/eurusd-hovers-near-12200-ahead-of-ecb-meeting
  15. syamfx2020

    DAILY MARKET REPORT - Tuesday, June 08, 2021

    Biotechnology firm, Moderna shares climb to new heights. Dollar Index steady above 90 ahead of US trade balance data. Crude oil prices fall ahead of the Inventory report. Technical analysis - Gold and Dollar Index Read more- https://gulfbrokers.com/en/daily-market-report-323
  16. syamfx2020

    DAILY MARKET REPORT - Monday, June 07, 2021

    Apple (NASDAQ: AAPL) shares trading slightly lower in the pre-market trading ahead of Apple Event. GBPUSD remains under pressure while the Dollar stays above 90.00. Crude oil price recovered from the Asian session lows. Technical analysis - GBP/USD and Gold Read more-...
  17. syamfx2020

    DAILY MARKET REPORT - Friday, June 04, 2021

    US Dollar steady ahead of NFP report. GBPUSD slightly rebounded after better-than-expected UK construction PMI. EURUSD remains flat following the release of weak Eurozone retail sales Crude oil prices hold weekly gains while Gold price stays below $1870. Technical analysis - Gold and GBP/USD...
  18. syamfx2020

    DAILY MARKET REPORT - Thursday, June 03, 2021

    Markets are likely to remain volatile for the next two days. Gold reverses early gains ahead of US ADP data. GBPUSD rebounded after the release of services PMI. Technical analysis: EUR/GBP and Gold. Read more here - https://gulfbrokers.com/en/daily-market-report-320
  19. syamfx2020

    DAILY MARKET REPORT - Wednesday, June 02, 2021

    The video-conferencing company Zoom Video Communications Zoom (NASDAQ: ZM) reported strong Q1 earnings. Gold price stays below $1900 while crude oil prices hold gains. US Dollar rebounded back to above 90.00. Technical analysis: GBP/USD and Gold Read more -...
  20. syamfx2020

    USD will regain momentum if it stays above 90

    US Dollar struggling to find the upside momentum. When will the US dollar rebound? What’s happening with USD? How much lower can USD go? Read the answers here- https://gulfbrokers.com/en/usd-will-regain-momentum-if-it-stays-above-90
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