Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.26 with take profit at 85.43 Bearish Preference: Sell position is envisaged if price trades below 84.75 with take profit at 84.59 Fundamentals:No major fundamental Comment: Oil prices rose on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24085 with take profit at 1.24198. Bearish Preference: Sell position is envisaged if price trades below 1.23709 with take profit at 1.23575. Fundamentals:No major fundamental Comment: USD/CAD licks the week-start wounds near 1.2375 amid a quiet Asian session on Tuesday. The Loonie pair benefited from the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1788.09 with take profit at 1789.78 Bearish Preference: Sell position is envisaged if price trades below 1784.32 with take profit at 1782.56 Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Gold prices swooned as expected Friday as traders put the prior day’s soft third-quarter US GDP print …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23806 with take profit at 1.23868. Bearish Preference: Sell position is envisaged if price trades below 1.23673 with take profit at 1.23612. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The USD/CAD pair lacked any firm directional bias on Monday and remained confined in a narrow trading band, below …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15757 with take profit at 1.15879. Bearish Preference: Sell position is envisaged if price trades below 1.15441 with take profit at 1.15370. Fundamentals:EUR French Bank Holiday Italian Bank HolidayUSD 3:00pm ISM Manufacturing PMI Comment: EUR/USD remains sidelined around 1.1550, following the heaviest daily …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.80 with take profit at 83.92 Bearish Preference: Sell position is envisaged if price trades below 83.40 with take profit at 83.26 Fundamentals:No major fundamental Comment: Over the past few weeks, oil prices have continued to proceed along a upward trajectory as commodity shortages remain …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.34 with take profit at 84.58 Bearish Preference: Sell position is envisaged if price trades below 83.42 with take profit at 83.23 Fundamentals:No major fundamental Comment: Oil rose further above $84 a barrel on Friday, within sight of a multi-year high hit this week, as expectations …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38033 with take profit at 1.38134. Bearish Preference: Sell position is envisaged if price trades below 1.37738 with take profit at 1.37642. Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The GBP/USD pair has managed to erase a portion of …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1798.47 with take profit at 1800.59 Bearish Preference: Sell position is envisaged if price trades below 1793.22 with take profit at 1790.35 Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: Gold was down on Friday morning in Asia, …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16793 with take profit at 1.16889. Bearish Preference: Sell position is envisaged if price trades below 1.16544 with take profit at 1.16441. Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The dollar hovered near its weakest level in a …
