Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37947 with take profit at 1.38043. Bearish Preference: Sell position is envisaged if price trades below 1.37553 with take profit at 1.37438. Fundamentals:No major fundamental Comment: The dollar was up in early trading Tuesday morning in Asia, following a high reached overnight during the U.S. trading …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.39 with take profit at 85.53. Bearish Preference: Sell position is envisaged if price trades below 84.70 with take profit at 84.56. Fundamentals:No major fundamental Comment: Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23689 with take profit at 1.23776. Bearish Preference: Sell position is envisaged if price trades below 1.23490 with take profit at 1.23406. Fundamentals:No major fundamental Comment: The Canadian Dollar’s strength in recent days slowed heading into the final full trading week of October. Still, that leaves …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16127 with take profit at 1.16198. Bearish Preference: Sell position is envisaged if price trades below 1.15983 with take profit at 1.15909. Fundamentals:No major fundamental Comment: The safe haven US Dollar has recently lost momentum against major currency pairs as fundamentals continue to weigh on …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37947 with take profit at 1.38043. Bearish Preference: Sell position is envisaged if price trades below 1.37553 with take profit at 1.37438. Fundamentals:No major fundamental Comment: The GBP/USD pair extended its rejection slide from the very important 200-day SMA and witnessed some selling for the second …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1801.54 with take profit at 1803.18. Bearish Preference: Sell position is envisaged if price trades below 1795.04 with take profit at 1793.30. Fundamentals:No major fundamental Comment: Gold gained across the board last week as rising G10 inflation expectations outpaced gains in sovereign bond yields – …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16537 with take profit at 1.16626. Bearish Preference: Sell position is envisaged if price trades below 1.16297 with take profit at 1.16219. Fundamentals:9:00am EUR Flash Manufacturing PMI EUR Flash Services PMI4:00pm USD Fed Chair Powell Speaks Comment: Back in Europe, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.28 with take profit at 84.46. Bearish Preference: Sell position is envisaged if price trades below 83.01 with take profit at 82.78. Fundamentals:No Major Fundamental Comment: Crude prices edged lower Friday, continuing the previous session’s selling after Russian President Vladimir Putin indicated that a group …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16473 with take profit at 1.16664. Bearish Preference: Sell position is envisaged if price trades below 1.16331 with take profit at 1.16200. Fundamentals:1:30pm USD Unemployment Claims. Comment: Commodity currencies stood near multi-month highs, with strong raw material prices and increasing risk sentiment turning investors away from …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1787.31 with take profit at 1789.49. Bearish Preference: Sell position is envisaged if price trades below 1781.19 with take profit at 1779.19. Fundamentals:1:30pm USD Unemployment Claims. Comment: The dollar was consolidating at lower levels in early trade in Europe on Thursday, after the revival of …
