Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.24 with take profit at 74.39. Bearish Preference: Sell position is envisaged if price trades below 73.51 with take profit at 73.29. Fundamentals: No major fundamental. Comment: Oil prices hit a six-week high on Tuesday on concerns that another storm could affect output in Texas this week even …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.95 with take profit at 74.54. Bearish Preference: Sell position is envisaged if price trades below 72.88 with take profit at 72.65. Fundamentals: No major fundamental. Comment: Earlier Last week OPEC decided to increase output by 400,000 barrels per day (bpd) for the month of October, in line with …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 110.164 with take profit at price 110.227. Bearish Preference: A sell position is envisaged if price trades below price 110.053 with take profit at price 109.988. Fundamentals: No major fundamental. Comment: Last Friday, we held the view that ‘the weakness in USD could PUSH ABOVE 109.50 first …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.73 with take profit at 1796.07. Bearish Preference: Sell position is envisaged if price trades below 1785.79 with take profit at 1784.04. Fundamentals: No major fundamental. Comment: Gold was down on Monday morning in Asia as the dollar continued to strengthen. Investors now look to U.S. data for …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.38264 with take profit at price 1.38414. Bearish Preference: A sell position is envisaged if price trades below price 1.37929 with take profit at price 1.37785. Fundamentals: No major fundamental. Comment: The US Dollar remains in a consolidative state against the British Pound. In the medium term, …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.18552 with take profit at price 1.18667. Bearish Preference: A sell position is envisaged if price trades below price 1.18148 with take profit at price 1.18041. Fundamentals: EUR 10:30 AM ECB President Lagarde …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.51 with take profit at 72.68. Bearish Preference: Sell position is envisaged if price trades below 71.86 with take profit at 71.69. Fundamentals: No major fundamentals Comment: Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although benchmarks …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.18378 with take profit at price 1.18494. Bearish Preference: A sell position is envisaged if price trades below price 1.18245 with take profit at price 1.18145. Fundamentals: EUR 12:45PM Monetary Policy Statement Main Refinancing Rate 1:30PM ECB Press ConferenceUSD 1:30pm Unemployment Claims4:00PM …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1800.65 with take profit at 1802.90. Bearish Preference: Sell position is envisaged if price trades below 1792.93 with take profit at 1791.07. Fundamentals: EUR 12:45PM Monetary Policy Statement Main Refinancing Rate 1:30PM ECB Press ConferenceUSD 1:30pm Unemployment Claims4:00PM FOMC Member Daly Speaks …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 110.021 with take profit at price 110.107. Bearish Preference: A sell position is envisaged if price trades below price 109.879 with take profit at price 109.786. Fundamentals: USD 1:30PM Unemployment Claims …
