Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14600.08 with take profit at 14628.12. Bearish Preference: Sell position is envisaged if price trades below 14483.04 with take profit at 14451.38. Fundamentals:2:30pm USD PPI m/m. Comment: U.S. stock index futures jumped on Tuesday on news that Russia was pulling back some troops from near the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 93.43 with take profit at 93.76. Bearish Preference: Sell position is envisaged if price trades below 92.73 with take profit at 92.37. Fundamentals:No Major Fundamental Comment: Oil dropped from a seven-year high to around $94 a barrel on Tuesday, pressured by a report that some …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1881.28 with take profit at 1884.55. Bearish Preference: Sell position is envisaged if price trades below 1873.31 with take profit at 1870.18. Fundamentals:2:30pm USD PPI m/m Comment: Gold was up on Tuesday morning in Asia, heading towards a three-month peak hit during the previous session. Fears …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35533 with take profit at 1.35664. Bearish Preference: Sell position is envisaged if price trades below 1.35238 with take profit at 1.35116. Fundamentals:2:30pm USD PPI m/m. Comment: The dollar was down on Tuesday morning in Asia, while geopolitical tensions over Ukraine weighed on the euro. However, …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 156.458 with take profit at 156.744. Bearish Preference: Sell position is envisaged if price trades below 155.844 with take profit at 155.456. Fundamentals:No major Fundamental. Comment: First, We look at the daily chart and you can see two things: Major support and major resistance. The latter …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15095.8 with take profit at 15143.7. Bearish Preference: Sell position is envisaged if price trades below 15005.5 with take profit at 14968.7. Fundamentals:No major Fundamental. Comment: European stock markets traded sharply lower Monday, continuing last week’s selloff, as the threat of war in Ukraine added to …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1855.04 with take profit at 1857.22. Bearish Preference: A Sell position is envisaged if price trades below price 1849.95 with take profit at 1847.66. Fundamentals:USD 5:00PM FOMC Member Bullard Speaks Comment: Gold shot higher on Friday as the markets erupted in the aftermath of Thursday’s …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 95.77 with take profit at 96.04. Bearish Preference: Sell position is envisaged if price trades below 95.09 with take profit at 94.85. Fundamentals:No major Fundamental. Comment: All energy markets are trading higher and WTI crude oil hit a new peak of US$ 94.94 bbl and Brent …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 35052 with take profit at 35108. Bearish Preference: Sell position is envisaged if price trades below 34922 with take profit at 34864. Fundamentals:4:00pm USD Prelim UoM Consumer Sentiment Comment: The dollar swung in choppy trade on Thursday after U.S. consumer prices rose higher than forecast in …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1829.44 with take profit at 1831.46. Bearish Preference: Sell position is envisaged if price trades below 1824.48 with take profit at 1822.79 . Fundamentals:4:00pm USD Prelim UoM Consumer Sentiment Comment: The dollar rose Asia on Friday after hotter-than-expected U.S. inflation and hawkish comments from a Federal …
