Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13506 with take profit at 13523.16. Bearish Preference: Sell position is envisaged if price trades below 13449.70 with take profit at 13427.31. Fundamentals:No major fundamental. Comment: The technology sector extended higher towards the end of the week as investors cheered a decent jobless claims report and cooling inflationary …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.85 with take profit at 68.06. Bearish Preference: Sell position is envisaged if price trades below 66.93 with take profit at 66.68. Fundamentals:No major fundamental Comment: Crude oil prices faced notable selling pressure as commodity traders sank WTI -2.5% and Brent -3.1%. In addition to market sentiment …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21986 with take profit at 1.22088. Bearish Preference: Sell position is envisaged if price trades below 1.21862 with take profit at 1.21758. Fundamentals:ALL DAY: EUR. French Bank Holiday Comment: The Euro has a mostly positive turn through the middle of May, even if the headline stats don’t appear …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1891.43 with take profit at 1895.38. Bearish Preference: Sell position is envisaged if price trades below 1876.39 with take profit at 1872.23. Fundamentals:No major fundamental Comment: Global markets were quite choppy this past week. This could follow signs of deteriorating risk appetite judging by recent performance of …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13563.26 with take profit at 13587.05. Bearish Preference: Sell position is envisaged if price trades below 13486.18 with take profit at 13460.77. Fundamentals:2:45 PM USD Flash Manufacturing PMI Comment: U.S. stocks are seen opening marginally higher Friday, continuing the previous session’s rebound ahead of …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.77825 with take profit at 0.77938. Bearish Preference: Sell position is envisaged if price trades below 0.77680 with take profit at 0.77564. Fundamentals:2:45pm USD Flash Manufacturing PMI Comment: The Australian dollar came under pressure Wednesday as FOMC minutes mentioned tapering of asset purchases, specifically …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1879.92 with take profit at 1883.16. Bearish Preference: Sell position is envisaged if price trades below 1861.99 with take profit at 1855.89. Fundamentals:USD 2:45 PM Flash Manufacturing PMI Comment: Gold was down on Friday morning in Asia as an improving economic outlook broadened investors’ …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21009 with take profit at 1.21147. Bearish Preference: Sell position is envisaged if price trades below 1.20709 with take profit at 1.20567. Fundamentals:1:30pm CAD Core Retail Sales m/m CAD Retail Sales m/m2:45pm USD Flash …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21185 with take profit at 1.21317. Bearish Preference: Sell position is envisaged if price trades below 1.20973 with take profit at 1.20852. Fundamentals:1:30pm USD Philly Fed Manufacturing Index Unemployment Claims1:30pm USD Unemployment Claims1:30pm CAD ADP Non-Farm Employment Change NHPI m/m4:00pm CAD BOC Gov Macklem Speaks …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33764 with take profit at 33826. Bearish Preference: Sell position is envisaged if price trades below 33577 with take profit at 33507. Fundamentals:1:30 pm USD Philly Fed Manufacturing Index.1:30 pm USD Unemployment Claims3:00 PM CB Leading Index m/m Comment: U.S. stocks are seen opening lower …
