Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15855.6 with take profit at 15890.6. Bearish Preference: Sell position is envisaged if price trades below 15731.0 with take profit at 15695.9. Fundamentals:No major Fundamental Comment: The German DAX traded higher on Monday after it hit support near 15100 on Friday. That said, the recovery …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.569 with take profit at 113.680. Bearish Preference: Sell position is envisaged if price trades below 113.436 with take profit at 113.320. Fundamentals:No Major Fundamental Comment: The Pair is trading higher on Tuesday after reassuring news on the Omicron coronavirus variant drove up demand for riskier …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16203.31 with take profit at 16248.23. Bearish Preference: Sell position is envisaged if price trades below 16065.31 with take profit at 16017.18. Fundamentals:No major Fundamental Comment: The Nasdaq 100 index jumped on Tuesday as technology stocks rebounded with easing concerns about the Omicron variant, while …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13035 with take profit at 1.13170. Bearish Preference: Sell position is envisaged if price trades below 1.12839 with take profit at 1.12707. Fundamentals:11:00am EUR ZEW Economic SentimentEUR German ZEW Economic Sentiment Comment: The pair peaked during European trading hours, helped by weaker US government bond …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15564.2 with take profit at 15605.3. Bearish Preference: Sell position is envisaged if price trades below 15467.4 with take profit at 15432.5. Fundamentals:11:00am EUR ZEW Economic SentimentEUR German ZEW Economic Sentiment Comment: Germany stocks were mixed after the close on Monday, as gains in the Telecoms, …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.70646 with take profit at 0.70659. Bearish Preference: Sell position is envisaged if price trades below 0.70200 with take profit at 0.70027. Fundamentals:No major fundamental Comment: During Friday’s the daily RSI on AUD/USD cracked through 20, a rare occurrence, which highlights just how extreme the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15681.51 with take profit at 15713.51. Bearish Preference: Sell position is envisaged if price trades below 15590.85 with take profit at 15555.30. Fundamentals:No major fundamental Comment: The Nasdaq fell 1.9%. The major averages ended off the session lows. “It was a colossal miss,” Darren Schuringa, CEO …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1788.02 with take profit at 1791.39. Bearish Preference: Sell position is envisaged if price trades below 1779.93 with take profit at 1776.92. Fundamentals:No major fundamental Comment: After a rather volatile week gold is on track to finish the week within 1% of its opening level. Initial …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15337.5 with take profit at 15377.4. Bearish Preference: Sell position is envisaged if price trades below 15245.3 with take profit at 15212.6. Fundamentals:No major fundamental Comment: Germany stocks were lower after the close on Friday, as losses in the Retail, Consumer & Cyclical and Industrials …
Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1777.72 with take profit at 1780.32. Bearish Preference: Sell position is envisaged if price trades below 1765.21 with take profit at 1762.38. Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate4:00pm USD ISM Services PMI Comment: With virus nerves subsiding and the Fed-taper stronger US dollar …
