Instrument: USDIDX Bullish Preference: A buy position is envisaged if the price trades above 102.468 With Take profit at 102.519 Bearish Preference: A sell position is envisaged if the price trades below 102.271 with Take profit at 102.225 Fundamentals:No high impact bearing to this instrument Comment: The dollar eased on Wednesday after data showed the Chinese economy slipped into deflation last month, …
Instrument: EURUSD Bullish Preference: A buy position is envisaged if the price trades above 1.09822 With Take profit at 1.09866 Bearish Preference: A sell position is envisaged if the price trades below 1.09571 with Take profit at 1.09511 Fundamentals:No high impact bearing to this instrument Comment: European stock markets traded higher Wednesday, as investors attempted to recoup recent losses while digesting more …
Instrument: OIL Bullish Preference: A buy position is envisaged if the price trades above 86.72 With Take profit at 87.17 Bearish Preference: A sell position is envisaged if the price trades below 85.90 with Take profit at 85.35 Fundamentals:3:30pm USD Crude Oil Inventories Comment:Oil prices eased on Wednesday as concerns over slow demand from top crude importer China grew …
Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1933.22 With Take profit at 1937.83 Bearish Preference: A sell position is envisaged if the price trades below 1927.34 with Take profit at 1923.21 Fundamentals:6:01pm USD 10-y Bond Auction Comment: Gold prices steadied near one-month lows on Wednesday as worsening market sentiment and the prospect of …
Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.35107 with take profit at 1.35598 Bearish Preference: A sell position is envisaged if the price trades below 1.34830 with take profit at 1.34636 Fundamentals:1:30 USD Trade Balance1:30 Final Wholesale Inventories m/m1:30 CAD Trade Balance Comment: Apart from this, expectations that the Bank of Canada (BoC) …
Instrument: US100 Bullish Preference: A buy position is envisaged if the price trades above 15381.68 with take profit at 15402.97 Bearish Preference: A sell position is envisaged if the price trades below 15327.47 with take profit at 15294.49 Fundamentals:1:30 USD Trade Balance1:30 Final Wholesale Inventories m/m Comment: Reason that indices are struggling for traction this earnings season relates to concentration …
Instrument: USDJPY Bullish Preference: A buy position is envisaged if the price trades above 143.170 With take profit at 143.389 Bearish Preference: A sell position is envisaged if the price trades below 142.689 with Take profit at 142.501 Fundamentals:No High Impact Comment: The USD/JPY currency pair is currently at 142.17 and is trading within a channel range. If the slope …
Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1933.16 With Take profit at 1934.78 Bearish Preference: A sell position is envisaged if the price trades below 1930.12 with Take profit at 1927.76 Fundamentals:No High Impact Comment: Gold prices edged lower on Tuesday, extending losses from the prior session as uncertainty over the Federal Reserve’s …
Instrument: EURJPY Bullish Preference: A buy position is envisaged if the price trades above 156.695 with take profit at 157.115. Bearish Preference: A sell position is envisaged if the price trades below 156.034 with take profit at 155.588 Fundamentals:No High Impact Comment: After Friday’s rally post-NFP, the euro lost some of its gains as the US dollar regained some support and European growth comes into question once again. …
Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.34037 with take profit at 1.34401. Bearish Preference: A sell position is envisaged if the price trades below 1.33592 with take profit at 1.33181. Fundamentals:No High Impact Comment: Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally, including the Federal Reserve, move closer …
