Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.28 with take profit at 84.46. Bearish Preference: Sell position is envisaged if price trades below 83.01 with take profit at 82.78. Fundamentals:No Major Fundamental Comment: Crude prices edged lower Friday, continuing the previous session’s selling after Russian President Vladimir Putin indicated that a group …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16473 with take profit at 1.16664. Bearish Preference: Sell position is envisaged if price trades below 1.16331 with take profit at 1.16200. Fundamentals:1:30pm USD Unemployment Claims. Comment: Commodity currencies stood near multi-month highs, with strong raw material prices and increasing risk sentiment turning investors away from …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1787.31 with take profit at 1789.49. Bearish Preference: Sell position is envisaged if price trades below 1781.19 with take profit at 1779.19. Fundamentals:1:30pm USD Unemployment Claims. Comment: The dollar was consolidating at lower levels in early trade in Europe on Thursday, after the revival of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.86 with take profit at 85.03. Bearish Preference: Sell position is envisaged if price trades below 84.12 with take profit at 83.97. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37899 with take profit at 1.37996. Bearish Preference: Sell position is envisaged if price trades below 1.37665 with take profit at 1.37577 Fundamentals:7:00am GBP CPI y/y Comment: The dollar consolidated at lower levels in early trade in Europe on Wednesday, after a sharp two-day drop driven …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16563 with take profit at 1.16673. Bearish Preference: Sell position is envisaged if price trades below 1.16367 with take profit at 1.16233 Fundamentals:1:15pm USD FOMC Member Bowman Speaks3:00pm USD FOMC Member Waller Speaks Comment: The EUR/USD pair kicked off the new week on a softer note, …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1783.08 with take profit at 1784.90. Bearish Preference: Sell position is envisaged if price trades below 1776.82 with take profit at 1774.90. Fundamentals:No Major Fundamentals. Comment: Gold was up on Tuesday morning in Asia, thanks to declines in both the dollar and U.S. bond yields …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16060 with take profit at 1.16100. Bearish Preference: Sell position is envisaged if price trades below 1.15932 with take profit at 1.15893 Fundamentals:2:15PM USD: Industrial Production m/m Comment: The safe-haven US Dollar has recently lost momentum against major currency pairs as fundamentals continue to weigh on …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1769.70 with take profit at 1771.51. Bearish Preference: Sell position is envisaged if price trades below 1765.38 with take profit at 1763.42. Fundamentals:2:15PM USD: Industrial Production m/m Comment: Gold has given back nearly all of last Wednesday’s post-CPI release rally and is now back at …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.73 with take profit at 86.10. Bearish Preference: Sell position is envisaged if price trades below 84.93 with take profit at 84.65 Fundamentals:No major fundamental Comment: Oil prices hit their highest level in years on Monday as demand recovers from the COVID-19 pandemic, boosted by more …
