Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34046 take profit at 34153. Bearish Preference: Sell position is envisaged if price trades below 33849 take profit at 33724. Fundamentals:No Major Fundamental Comment: Main Wall Street stock indexes and U.S. Treasury yields rose on Wednesday after the U.S. Federal Reserve hiked interest rates and laid out an …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1926.60 with take profit at 1929.89. Bearish Preference: Sell position is envisaged if price trades below 1902.13 with take profit at 1899.01. Fundamentals:7:00pm USD FOMC Economic Projections7:30pm 7:30pm USD FOMC Press Conference Comment: Gold steadied on Wednesday, with a weaker dollar offsetting pressure from …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13759.90 with take profit at 13820.14. Bearish Preference: Sell position is envisaged if price trades below 13605.95 with take profit at 13539.02. Fundamentals:7:00pm USD FOMC Economic Projections7:30pm 7:30pm USD FOMC Press Conference Comment: Investors are expecting the U.S. central bank to raise interest rates for …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 105.01 take profit at 106.91. Bearish Preference: Sell position is envisaged if price trades below 99.72 take profit at 97.82. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices rose over $1 on Wednesday, bouncing back after earlier declines, as Russia’s invasion of Ukraine continues …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14344.4 take profit at 14416.9. Bearish Preference: Sell position is envisaged if price trades below 14151.7 take profit at 14089.3. Fundamentals:7:00pm USD FOMC Economic Projections7:30pm 7:30pm USD FOMC Press Conference Comment: An afternoon surge in Chinese equities lifted a broad gauge of Asian shares on …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1931.18 with take profit at 1938.74. Bearish Preference: Sell position is envisaged if price trades below 1915.56 with take profit at 1907.00. Fundamentals:1:30pm USD PPI m/m Comment: Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.30810 with take profit at 1.30956. Bearish Preference: Sell position is envisaged if price trades below 1.30476 with take profit at 1.30319. Fundamentals:1:30pm USD PPI m/m Comment: The Bank of England (BoE) monetary policy decision is unlikely to lift the pound. The pair clings to modest daily gains …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.10125 with take profit at 1.10337. Bearish Preference: Sell position is envisaged if price trades below 1.09912 with take profit at 1.09685. Fundamentals:1:30pm USD PPI m/m Comment: The pair’s latest run-up could be linked to the US dollar’s pullback amid hopes of overcoming the Ukraine-Russia …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13808.7 with take profit at 13887.5. Bearish Preference: Sell position is envisaged if price trades below 13629.5 with take profit at 13538.9. Fundamentals:11:00am EUR ZEW Economic Sentiment EUR German ZEW Economic Sentiment4:15pm EUR …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.09701 with take profit at 1.09883. Bearish Preference: Sell position is envisaged if price trades below 1.09378 with take profit at 1.09215. Fundamentals:No major fundamental Comment: An interesting open to the trading week for EUR/USD, after a grim backdrop from both geopolitical and economic spheres. Euro strength …
