Instrument: GBPJPY Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 175.611 with take profit at 175.752. Bearish Preference: A sell position is envisaged if the price trades below 175.366 with take profit at 175.211. Fundamentals:None with High Impact Comment: Japan’s wholesale inflation slowed for a fifth consecutive month in May because of sliding fuel …
Instrument: FRA. 40 Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 7272.2 with take profit at 7288.6. Bearish Preference: A sell position is envisaged if the price trades below 7242.6 with take profit at 7231.3. Fundamentals:None with High Impact Comment:European stock markets drifted higher Monday, at the start of a week dominated by …
Instrument: SILVER Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 24.443 with take profit at 24.527. Bearish Preference: A sell position is envisaged if the price trades below 24.266 with take profit at 24.197 Fundamentals:None with High Impact Comment:Looking back at Wednesday, silver prices (XAG/USD) sprung back to life, rallying more than 3.5% …
Instrument: US30 Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 33836 with take profit at 33856. Bearish Preference: A sell position is envisaged if the price trades below 33783 with take profit at 33763. Fundamentals:None with High Impact Comment: U.S. stocks are seen opening marginally lower Friday, consolidating after recent gains as investors hold …
Instrument: EURCHF Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 0.96977 with a take profit at 0.97063. Bearish Preference: A sell position is envisaged if the price trades below price 0.96884 with a take profit at 0.96797. Fundamentals:9.00 am Italian Industrial production Comment:European stock markets drifted lower Tuesday, as investors fretted about slowing …
Instrument: DE30 Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 15975.1 with take profit at 15999.2. Bearish Preference: A sell position is envisaged if the price trades below price 15939.8 with take profit at 15917.1. Fundamentals:None with High Impact Comment: European stock markets have slipped lower Friday, with signs that the Chinese economy is …
Instrument: USDIDX Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 103.727 with take profit at 103.859. Bearish Preference: A sell position is envisaged if the price trades below 103.505 with take profit at 103.407. Fundamentals:1:30 pm USD Unemployment Claims Comment:The dollar fell slightly on Thursday from near three-month highs, a day after a …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 139.627 with take profit at 139.776. Bearish Preference: A sell position is envisaged if the price trades below 139.356 with take profit at 139.163. Fundamentals:1:30pm USD Unemployment Claims Comment: The JPY took some support from an upward revision to the country’s first-quarter gross domestic …
Instrument: UK100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 7638.0 with take profit at 7650.6. Bearish Preference: Sell position is envisaged if price trades below 7622.3 with take profit at 7610.3. Fundamentals:No high-impact bearing to this instrument. Comment: European stocks drift lower; weak German factory orders hit sentiment. European stock markets drifted lower Tuesday, as …
Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 149.844 with take profit at 149.956. Bearish Preference: Sell position is envisaged if price trades below 149.587 with take profit at 149.460 Fundamentals:No high-impact bearing to this instrument. Comment:A combination of factors provides a modest lift to the Japanese Yen (JPY), which, in turn, prompts …
