Instrument: EURUSD Bullish Preference: A Buy position is envisaged if the price trades above 1.07439 with take profit at 1.07551 Bearish Preference: A Sell position is envisaged if the price trades below 1.07329 with take profit at 1.07193 Fundamentals:1:15pmEUR Main Refinancing RateEUR Monetary Policy Statement1:30pmUSD Core PPI m/m1:45pmEUR ECB Press Conference Comment: The U.S. dollar edged lower in early European …
Instrument: DE30 Bullish Preference: A buy position is envisaged if the price trades above 15672.4 with take profit at 15696.4 Bearish Preference: A sell position is envisaged if the price trades below 15583.7 with take profit at 15563.8 Fundamentals:1:15pmEUR Main Refinancing RateEUR Monetary Policy Statement1:45pmEUR ECB Press Conference Comment: The German government will downgrade its economic forecast for this year …
Instrument: EURUSD Bullish Preference: A buy position is envisaged if the price trades 1.07567 with take profit at 1.07608 Bearish Preference: A sell position is envisaged if the price trades below 1.07151 with take profit at 1.07093 Fundamentals:1:30pm USD Core CPI m/m USD CPI m/m USD CPI y/y Comment: European stock markets …
Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1916.65 with take profit at 1917.79 Bearish Preference: A sell position is envisaged if the price trades below 1909.56 with take profit at 1908.35 Fundamentals:1:30pm USD Core CPI m/m USD CPI m/m USD CPI y/y Comment: Gold price …
Instrument: EURJPY Bullish Preference: A buy position is envisaged if the price trades above158.660 with take profit at 159.086 Bearish Preference: A sell position is envisaged if the price trades below 157.986 with take profit at 157.557 Fundamentals:No major fundamental Comment: The European Central Bank meets on Thursday, and traders have started reassessing their positions after a Reuters report indicated that the …
Instrument: GBPCAD Bullish Preference: A buy position is envisaged if the price trades above 1.69487 with take profit at 1.69823 Bearish Preference: A sell position is envisaged if the price trades below 1.68666 with take profit at 1.68291 Fundamentals:No high-impact news Comment: All major sectors of the economy – services, manufacturing and construction – declined in July, the data showed. …
Instrument: OIL Bullish Preference: A buy position is envisaged if the price trades above 91.96 with take profit at 92.49 Bearish Preference: A sell position is envisaged if the price trades below 91.65 with take profit at 91.37 Fundamentals:No major fundamental Comment: OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand in 2023 and 2024 …
Instrument: US30 Bullish Preference: A buy position is envisaged if the price trades above 34616 with take profit at 34652 Bearish Preference: A sell position is envisaged if the price trades below 34560 with take profit at 34528 Fundamentals:USD 6:00 PM 10-y Bond Auction Comment: This positive tone has disappeared Tuesday, after Oracle (NYSE:ORCL) offered up disappointing current-quarter revenue guidance …
Instrument: GBPUSD Bullish Preference: A buy position is envisaged if the price trades above 1.24898 WithTake profit at 1.25038 Bearish Preference: A sell position is envisaged if the price trades below 1.24681 with Take profit at 1.24566 Fundamentals:GBP: Claimant Count Change Comment: The initial market reaction following the news has seen GBPUSD bounce around 30-pips from the key support area …
Instrument: GBPJPY Bullish Preference: A buy position is envisaged if the price trades above 183.460 With take profit at 183.668 Bearish Preference: A sell position is envisaged if the price trades below 183.074 with Take profit at 182.859 Fundamentals:GBP: Claimant Count Change Comment: Looking ahead and the GDP data out of the UK showed promising signs once more. The Bank …
