Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.35107 with take profit at 1.35598 Bearish Preference: A sell position is envisaged if the price trades below 1.34830 with take profit at 1.34636 Fundamentals:1:30 USD Trade Balance1:30 Final Wholesale Inventories m/m1:30 CAD Trade Balance Comment: Apart from this, expectations that the Bank of Canada (BoC) …
Instrument: US100 Bullish Preference: A buy position is envisaged if the price trades above 15381.68 with take profit at 15402.97 Bearish Preference: A sell position is envisaged if the price trades below 15327.47 with take profit at 15294.49 Fundamentals:1:30 USD Trade Balance1:30 Final Wholesale Inventories m/m Comment: Reason that indices are struggling for traction this earnings season relates to concentration …
Instrument: USDJPY Bullish Preference: A buy position is envisaged if the price trades above 143.170 With take profit at 143.389 Bearish Preference: A sell position is envisaged if the price trades below 142.689 with Take profit at 142.501 Fundamentals:No High Impact Comment: The USD/JPY currency pair is currently at 142.17 and is trading within a channel range. If the slope …
Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1933.16 With Take profit at 1934.78 Bearish Preference: A sell position is envisaged if the price trades below 1930.12 with Take profit at 1927.76 Fundamentals:No High Impact Comment: Gold prices edged lower on Tuesday, extending losses from the prior session as uncertainty over the Federal Reserve’s …
Instrument: EURJPY Bullish Preference: A buy position is envisaged if the price trades above 156.695 with take profit at 157.115. Bearish Preference: A sell position is envisaged if the price trades below 156.034 with take profit at 155.588 Fundamentals:No High Impact Comment: After Friday’s rally post-NFP, the euro lost some of its gains as the US dollar regained some support and European growth comes into question once again. …
Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.34037 with take profit at 1.34401. Bearish Preference: A sell position is envisaged if the price trades below 1.33592 with take profit at 1.33181. Fundamentals:No High Impact Comment: Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally, including the Federal Reserve, move closer …
Instrument: GBPUSD Bullish Preference: A buy position is envisaged if the price trades above 1.27418 with take profit at 1.27566. Bearish Preference: A sell position is envisaged if the price trades below 1.27080 with take profit at 1.26925. Fundamentals:No High Impact Comment: The U.S. dollar gained in early European trade Monday, rebounding from losses after Friday’s payrolls data ahead of …
Instrument: GBPJPY Bullish Preference: A buy position is envisaged if the price trades above 181.226 with take profit at 181.397. Bearish Preference: A sell position is envisaged if the price trades below 180.714 with take profit at 180.537 Fundamentals:No High Impact Comment: GBP/JPY retreats from intraday high as it struggles to defend the first daily gains in four amid the …
Instrument: USDJPY Bullish Preference: A buy position is envisaged if the price trades above 142.750 with take profit at 142.851. Bearish Preference: A sell position is envisaged if the price trades below 142.484 with take profit at 142.360. Fundamentals:1:30pm USD Non-Farm Employment Change1:30pm USD Unemployment Rate Comment: The U.S. Bureau of Labor Statistics will release its July nonfarm payrolls (NFP) report Friday …
Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1934.77 with take profit at 1936.52. Bearish Preference: A sell position is envisaged if the price trades below 1931.83 with take profit at 1930.53. Fundamentals:1:30pm USD Non-Farm Employment Change1:30pm USD Unemployment Rate Comment: The gold price appears poised at a crossroads going into the weekend with the US Dollar …
