Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.35155 with take profit at 1.35546. Bearish Preference: Sell is envisaged if price trades below 1.34728 with take profit at 1.34312. Fundamentals:No Fundamentals Comment: The buck had some strength last week Friday as this could be attributed to data’s that favored the USD, we saw average …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1953.80 with take profit at 1955.80. Bearish Preference: Enter a Sell position if price trades below 1940.18 with take profit at 1938.18. Fundamentals:8:00pm USD FOMC Meeting Minutes. Comment: Gold was down on Wednesday morning in Asia, with investors awaiting the results of a U.S. Senate runoff …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 30466 with take profit at 30622. Bearish Preference: Enter a Sell position if price trades below 30164 with take profit at 30040. Fundamentals:8:00pm USD FOMC Meeting Minutes. Comment: Wall Street had Georgia squarely on its mind overnight, with equity futures and bonds mostly in the …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13707.25 with take profit at 13717.50. Bearish Preference: Sell is envisaged if price trades below 13642.15 with take profit at 13623.10. Fundamentals:No Major Fundamentals Comment: Germany stocks were mixed after the close on Monday the first trading day of the new year, as gains in the Retail, …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1945.50 with take profit at 1961.40. Bearish Preference: Sell is envisaged if price trades below 1935.89 with take profit at 1924.37. Fundamentals:ISM Manufacturing PMI (USD) 4 PM Comment: Gold went slightly down on Tuesday morning, with investors eagerly waiting the results of a runoff election in …
Instrument: NZDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.70466 with a take profit 0.70035. Bearish Preference: Enter a Sell position if price trades below 0.70789 with take profit at 0.71032. Fundamentals:2:30 pm USD Final GDP q/q Comment: The dollar has been trading above major pairs but the fear of the new COVID has stopped …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22317 with a take profit 1.22499. Bearish Preference: Enter a Sell position if price trades below 1.21996 with take profit at 1.21841. Fundamentals: 2:30 pm USD Final GDP q/q Comment: The buck gained some strength yesterday and this is due to the passage of the $900 billion …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33012 with a take profit 1.33934. Bearish Preference: Enter a Sell position if price trades below 1.32340 with take profit at 1.31403. Fundamentals:No Major Fundamentals. Comment: The cable saw a gap down on Friday, we could attribute that to the stalemate in the Br-exit negotiations, also …
Instrument: Oil Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 50.56 with a take profit 50.96. Bearish Preference: Enter a Sell position if price trades below 50.04 with take profit at 49.60 Fundamentals:no major economic data with direct bearing to this commodity. Comment: Oil has been caught in a string of bad news, as top traders …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 103.692 with a take profit 103.792. Bearish Preference: Enter a Sell position if price trades below 103.258 with take profit at 103.158. Fundamentals:No Major Fundamentals. Comment: The pair edged up 0.18% to 103.29. The pair maintained its bid tone after the Bank of Japan announced its …
