Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.11 with take profit at 82.40 Bearish Preference: Sell position is envisaged if price trades below 81.01 with take profit at 80.69 Fundamentals:No major fundamental Comment: Oil prices climbed on Tuesday, hitting their highest levels in at least three years, extending gains triggered during the …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 111.281 with take profit at 111.392 Bearish Preference: Sell position is envisaged if price trades below 111.036 with take profit at 110.941 Fundamentals:No major fundamental Comment: The dollar edged lower in early European trade Monday, but remained just below last week’s highs given the ongoing concerns over …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1754.48 with take profit at 1757.43. Bearish Preference: A Sell position is envisaged if price trades below price 1744.02 with take profit at 1741.43. Fundamentals: No major fundamental Comment: The price of gold continues to struggle with a notable level of resistance, despite a slip …
Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.16189 with take profit at 1.16299. Bearish Preference: A Sell position is envisaged if price trades below price 1.15914 with take profit at 1.15792. Fundamentals:No major fundamental Comment: Technically, When EUR/USD broke through the upper side of a descending trend channel, it was unable to …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 79.44 with take profit at 79.64 Bearish Preference: Sell position is envisaged if price trades below 78.53 with take profit at 78.28 Fundamentals:ALL DAY OPEC Meetings Comment: Asian equities were mostly softer today, despite a strong lead from the US on Friday. Uncertainties around Evergrande, …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 111.329 with take profit at 111.449. Bearish Preference: A Sell position is envisaged if price trades below price 111.022 with take profit at 110.944. Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: In light of the recent price action, the potential advance to …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16135 with take profit at 1.16248 Bearish Preference: Sell position is envisaged if price trades below 1.15775 with take profit at 1.15651 Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: EUR/USD starts the month in the lower end of the range and …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27453 with take profit at 1.27603. Bearish Preference: A Sell position is envisaged if price trades below price 1.26850 with take profit at 1.26720. Fundamentals:1:30pm CAD GDPUSD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: The loonie gained some traction on the back …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 78.59 with take profit at 78.79 Bearish Preference: Sell position is envisaged if price trades below 77.20 with take profit at 76.95 Fundamentals:No Major Fundamental Comment: Oil fell below $78 a barrel on Friday on the prospect that OPEC+ producers might step up a planned …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1730.41 with take profit at 1733.01 Bearish Preference: Sell position is envisaged if price trades below 1716.48 with take profit at 1712.75 Fundamentals:USD 1:30PM Unemployment Claims3PM Fed Chair Powell Testifies Comment: The dollar hit a fresh one-year high against a basket of peers on Thursday on the …
