Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15465.25 with take profit at 15481.00. Bearish Preference: Sell position is envisaged if price trades below 15430.08 with take profit at 15414.14. Fundamentals: No major fundamental. Comment: US100 extended higher into record territory as market participants welcomed a dovish-biased message by Fed Chair Jerome Powell in …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26434 with take profit at 1.26583. Bearish Preference: Sell position is envisaged if price trades below 1.26027 with take profit at 1.25875. Fundamentals: No major fundamental. Comment: Technically, USD/CAD is currently bouncing around a critical level of support on the technical front. Firstly, the key level …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18121 with Take profit at 1.18235. Bearish Preference: Sell position is envisaged if price trades below 1.17897 with take profit at 1.17789. Fundamentals:No major fundamental. Comment: A late Friday surge as Powell’s much anticipated Jackson Hole speech, failed to provide a notable signal for tapering, …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1799.13 with Take profit at 1800.60. Bearish Preference: Sell position is envisaged if price trades below 1791.00 with take profit at 1789.53. Fundamentals:USD All Day Jackson Hole Symposium1:30pm USD Core PCE …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15339.59 with take profit at 15351.40. Bearish Preference: Sell position is envisaged if price trades below 15299.24 with take profit at 15287.68. Fundamentals:USD All Day Jackson Hole Symposium1:30pm USD Core PCE Price …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.52 with take profit at 71.81. Bearish Preference: Sell position is envisaged if price trades below 70.92 with take profit at 70.32. Fundamentals: No major fundamental Comment: Oil prices rose on Friday, on track to post big gains for the week, on worries about supply disruptions …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37248 with take profit at 1.37359. Bearish Preference: Sell position is envisaged if price trades below 1.36764 with take profit at 1.36563. Fundamentals:USD All Day Jackson Hole Symposium1:30pm USD Core PCE Price Index m/m3:00pm USD Fed Chair Powell Speaks Comment: GBP/USD is currently trying to get …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.36 with take profit at 1792.52. Bearish Preference: Sell position is envisaged if price trades below 1786.30 with take profit at 1784.46. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: The economic data slate includes the weekly initial jobless claims release, at 8:30 AM ET (1230 …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26469 with take profit at 1.26650. Bearish Preference: Sell position is envisaged if price trades below 1.25684 with take profit at 1.25527. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: Full approval of other vaccines are set to follow shortly, and on Tuesday, Dr. Anthony Fauci, the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15349.43 with take profit at 15366.71. Bearish Preference: Sell position is envisaged if price trades below 15279.49 with take profit at 15263.05. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: Investors have turned more positive on the outlook since the U.S. Food and Drug Administration fully …
