Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.70 with take profit at 1809.83 Bearish Preference: Sell position is envisaged if price trades below 1794.35 with take profit at 1789.05 Fundamentals:1:30pm Advanced GDP 1:30pmUnemployment Claims Comment: Gold up as US Bond Yields Falls. We are in a consolidation period for gold, but policy …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.670 with take profit at 113.799. Bearish Preference: Sell position is envisaged if price trades below 113.474 with take profit at 113.357. Fundamentals:1:30PM US Advance GDP q/q1:30pm Unemployment Claims Comment: The dollar edged higher in early European hours Thursday, with policy decisions by central bankers in …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.45 with take profit at 83.66 Bearish Preference: Sell position is envisaged if price trades below 82.91 with take profit at 82.74 Fundamentals:None with high impact on this commodity. Comment: Outbreaks of coronavirus infections in China and record deaths and the threat of lockdowns in …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37806 with take profit at 1.37900. Bearish Preference: Sell position is envisaged if price trades below 1.37519 with take profit at 1.37416. Fundamentals:1:30PM US Advance GDP q/q Comment: GBPUSD is currently trying to get back above 1.3745 while the U.S. dollar is flat against a broad …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.96 with take profit at 1792.96. Bearish Preference: Sell position is envisaged if price trades below 1784.80 with take profit at 1782.80. Fundamentals:1:30pm USD Core Durable Goods Order Comment: It appears that gold is struggling to maintain gains above USD 1800.00. It appears that despite …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16059 with take profit at 1.16125. Bearish Preference: Sell position is envisaged if price trades below 1.15824 with take profit at 1.15736. Fundamentals:1:30pm USD Core Durable Goods Order Comment: EUR/USD has been moving up and down in a tight channel around 1.1600 since Tuesday with investors …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.95 with take profit at 85.12. Bearish Preference: Sell position is envisaged if price trades below 84.44 with take profit at 84.23. Fundamentals:3:30pm USD Crude Oil Inventories. Comment: Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37818 with take profit at 1.37918. Bearish Preference: Sell position is envisaged if price trades below 1.37438 with take profit at 1.37338. Fundamentals:Tentative: GBP Annual Budget Release Comment: The dollar edged lower in early European trade Wednesday in calm trading ahead of next week’s Federal Reserve …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1806.86 with take profit at 1809.16. Bearish Preference:Sell position is envisaged if price trades below 1798.57 with take profit at 1796.27. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: Gold was down on Tuesday morning in Asia. The dollar, which usually moves inversely to gold, …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.051 with take profit at 114.166. Bearish Preference: Sell position is envisaged if price trades below 113.851 with take profit at 113.717. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: The dollar edged higher Tuesday, rebounding from a one-month low although gains are small ahead of the …
