Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 98.99 with take profit at 99.45. Bearish Preference: Sell position is envisaged if price trades below 98.20 with take profit at 97.76. Fundamentals:No major Fundamental. Comment: Crude oil prices rose sharply, as did European natural gas futures, amid fears that the new sanctions could disrupt energy flows …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1911.95 with take profit at 1916.44. Bearish Preference: Sell position is envisaged if price trades below 1895.54 with take profit at 1889.88. Fundamentals:No major Fundamental. Comment: We saw last week second largest gold upper wick (denoting intraday reversal) on record. What is remarkable is that this recovery …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 14030.21 with take profit at 14083.08. Bearish Preference: A Sell position is envisaged if price trades below 13898.03 with take profit at 13853.97. Fundamentals:No major Fundamental. Comment: We closed out this past week on a remarkably – almost unbelievably – bullish footing. Through extraordinary volatility and a …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1908.18 with take profit at 1912.17. Bearish Preference: Sell position is envisaged if price trades below 1897.29 with take profit at 1893.15. Fundamentals:2:30pm USD Core PCE Price Index m/m Comment: Gold had a frenetic session overnight, trading in a nearly USD 100 range, rising from USD 1910.00 …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 13999.62 with take profit at 14058.93. Bearish Preference: A Sell position is envisaged if price trades below 13846.67 with take profit at 13790.49. Fundamentals:2:30pm USD Core PCE Price Index m/m Comment: Asia Pacific stocks were up on Friday morning, while U.S. equity futures wavered. However, investors continue …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.28071 with take profit at 1.28238. Bearish Preference: A Sell position is envisaged if price trades below 1.27600 with take profit at 1.27451. Fundamentals:2:30pm USD Prelim GDP q/qUSD Unemployment Claims Comment: The USD/CAD pair keeps its range around1.2800, as investors wait for the announcement of sanctions from the …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14388.9 with take profit at 14488.7. Bearish Preference: Sell position is envisaged if price trades below 14144.3 with take profit at 14059.5. Fundamentals:No major fundamental Comment: European stock markets are expected to open higher Friday, helped by the sharp reversal on Wall Street overnight, as investors digest …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 102.94 with take profit at 104.73. Bearish Preference: A Sell position is envisaged if price trades below 99.56 with take profit at 97.90. Fundamentals:2:30pm USD Prelim GDP q/qUSD Unemployment Claims Comment: Ukraine and Russia Russian forces invaded Ukraine by land, air and sea on Thursday, confirming the …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.848 with take profit at 114.936. Bearish Preference: Sell position is envisaged if price trades below 114.614 with take profit at 114.550. Fundamentals:2:30pm USD Prelim GDP q/qUSD Unemployment Claims Comment: Ukraine and Russia The pair witnessed aggressive selling during the early part of the trading on Thursday …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1948.44 with take profit at 1957.03 . Bearish Preference: Sell position is envisaged if price trades below 1933.49 with take profit at 1922.82. Fundamentals:2:30pm USD Prelim GDP q/qUSD Unemployment Claims6:00pm USD FOMC Member Mester Speaks Comment: Gold was up on Thursday morning in Asia, hitting a near …
