Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1773.69 with take profit at 1775.97 Bearish Preference: Sell position is envisaged if price trades below 1764.89 with take profit at 1762.10 Fundamentals:No major Fundamentals Comment: Gold prices sank over 1.6% on Monday, offering a pessimistic start to the new trading week. The anti-fiat yellow metal was pressured …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.05 with take profit at 84.43 Bearish Preference: Sell position is envisaged if price trades below 82.98 with take profit at 82.60 it at 85.74 Fundamentals:No high impact fundamental Comment: Crude oil slipped lower in the US session overnight but has steadied through Asia today as markets consider …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 88.19 with take profit at 89.28 Bearish Preference: Sell position is envisaged if price trades below 86.59 with take profit at 85.74 Fundamentals:No high impact fundamental Comment: Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 12011.38 with take profit at 12043.25 Bearish Preference: Sell position is envisaged if price trades below 11937.31 with take profit at 11920.00 Fundamentals:4:00pm USD ISM Services PMI Comment: U.S. stock index futures fell on Monday as investors awaited more data, including a report on the services sector, to …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1803.62 with take profit at 1805.67 Bearish Preference: Sell position is envisaged if price trades below 1794.70 and take profit at 1792.14 Fundamentals:4:00pm USD ISM Services PMI Comment: Gold prices were steady on Monday despite stronger-than-expected U.S. jobs data indicating more potential interest rate hikes, while copper prices …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14553.3 with take profit at 14563.9 Bearish Preference: Sell position is envisaged if price trades below 14506.8 and take profit at 14493.8 Fundamentals:No major fundamental Comment: European stock markets are expected to open in a tepid fashion Monday, as investors digest more Chinese cities relaxing mobility restrictions as …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 12085.33 with take profit at 12112.09 Bearish Preference: Sell position is envisaged if price trades below 11990.17 and take profit at 11963.77 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar was pinned near 16-week lows against a basket of major currencies on …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1808.72 with take profit at 1812.29 Bearish Preference: Sell position is envisaged if price trades below 1792.79 and take profit at 1789.98 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: Data overnight including falling U.S. job openings and contracting U.S. manufacturing activity, raised fresh …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14505.0 with take profit at 14522.7 Bearish Preference: Sell position is envisaged if price trades below 14453.9 and take profit at 14439.0 Fundamentals:No Major fundamental Comment: European markets climbed on Thursday. Ibex 35, CAC 40, DAX encouraged by the rises in Asia and Wall Street after the words of Jerome Powell, president …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.05516 with take profit at 1.05667 Bearish Preference: Sell position is envisaged if price trades below 1.05168 and take profit at 1.05035 Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: Equity markets have benefited this week from comments by Federal Reserve Chair Jerome Powell indicating that …
