Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14723.45 with take profit at 14755.71. Bearish Preference: Sell position is envisaged if price trades below 14637.44 with take profit at 14605.12. Fundamentals:No major fundamental. Comment: U.S. stocks are seen opening mostly higher Wednesday, making a further recovery from Monday’s sharp losses despite disappointing results from streaming …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.08 with take profit at 71.28. Bearish Preference: Sell position is envisaged if price trades below 69.88 with take profit at 69.68. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Crude oil prices followed risk assets higher, shaking off the first weekly rise in U.S. crude oil …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1811.11 with take profit at 1813.44. Bearish Preference: Sell position is envisaged if price trades below 1804.01 with take profit at 1802.07. Fundamentals:No major fundamental. Comment: Gold was down on Wednesday morning in Asia. The dollar strengthened and fears about the recent surge in COVID-19 cases …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17717 with take profit at 1.17831. Bearish Preference: Sell position is envisaged if price trades below 1.17529 with take profit at 1.17406. Fundamentals:No major fundamental. Comment: The greenback has been able to maintain its strength despite stocks’ upswing – showing that it is more than …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36616 with take profit at 1.36766. Bearish Preference: Sell position is envisaged if price trades below 1.36025 with take profit at 1.35817. Fundamentals:No major fundamental. Comment: The dollar traded at multi-month highs in Europe Tuesday, continuing to benefit from its safe haven status amid concerns rising Covid-19 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.53 with take profit at 70.34. Bearish Preference: Sell position is envisaged if price trades below 67.84 with take profit at 67.19. Fundamentals:No major fundamental. Comment: Oil was up Tuesday morning in Asia, but Brent oil futures and WTI futures both remaining below the $70 …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27980 with take profit at 1.28156. Bearish Preference: Sell position is envisaged if price trades below 1.27250 with take profit at 1.27038. Fundamentals:No major fundamental. Comment: The USD/CAD pair held on to its intraday gains through the early European session and was last seen trading near-daily …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15313.8 with take profit at 15341.4. Bearish Preference: Sell position is envisaged if price trades below 15192.7 with take profit at 15168.9. Fundamentals:No major fundamental. Comment: Tuesday’s gains only partially recover some on Monday’s rout, when the DAX closing down 2.6% amid fears the latest …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14620.33 with take profit at 14638.95. Bearish Preference: Sell position is envisaged if price trades below 14517.65 with take profit at 14490.34. Fundamentals:No major fundamental. Comment: US futures contracts on NASDAQ and and stocks in Europe retreated Monday on concerns that the global economic recovery will fizzle …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.54 with take profit at 1809.85. Bearish Preference: Sell position is envisaged if price trades below 1797.86 with take profit at 1794.32. Fundamentals:No major fundamental. Comment: Gold prices fell alongside stocks on Friday as a disappointing US consumer confidence survey from the University of Michigan sent markets scrambling. …
