Instrument: GBPJPY Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 173.485 with take profit at 173.648 Bearish Preference: A sell position is envisaged if the price trades below 173.061 with take profit at 172.900 Fundamentals:None with High Impact Comment: Technically speaking, GBP/JPY is testing a key hurdle at the October high of 172.10. Notwithstanding minor …
Instrument: EURGBP Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 0.86569 with take profit at 0.86661 Bearish Preference: A sell position is envisaged if the price trades below 0.86422 with take profit at 0.86338 Fundamentals:None with High Impact Comment: The euro is beginning to look a bit oversold at least against the GBP ahead …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.23586 with take profit at 1.23689. Bearish Preference: A sell position is envisaged if the price trades below 1.23317 with take profit at 1.23219. Fundamentals:None with High Impact Comment: U.S. President Joe Biden on Sunday finalised a budget agreement with House Speaker Kevin McCarthy …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 1.36017 with take profit at 1.36176. Bearish Preference: A sell position is envisaged if the price trades below 1.35804 with take profit at 1.35688. Fundamentals:None with High Impact Comment: Provided that CAD is a petrochemical currency, Oil prices dropped on Monday, paring back earlier …
Instrument: OIL. WTI Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 73.58 with take profit at 73.91. Bearish Preference: A sell position is envisaged if the price trades below 73.13 with take profit at 72.94. Fundamentals:None with High Impact Comment: Oil prices rose in Asian trade on Monday as U.S. lawmakers said they had …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 140.660 with take profit at 140.832. Bearish Preference: A sell position is envisaged if the price trades below 140.093 with take profit at 139.723 Fundamentals:None with High Impact Comment: Most Asian currencies kept to a tight range on Monday, while the dollar steadied at …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.65471 with take profit at 0.65571. Bearish Preference: Sell position is envisaged if price trades below 0.65333 with take profit at 0.65232. Fundamentals:1:30 PM USD Core PCE Price Index1:30 PM USD Goods trade balance3:00 PM USD Revised UoM sentiment Comment: The Australian dollar is looking vulnerable …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14052.41 with take profit at 14074.56. Bearish Preference: Sell position is envisaged if price trades below 14014.52 with take profit at 13991.47. Fundamentals:1:30 PM USD Core PCE Price Index1:30 PM USD Goods trade balance3:00 PM USD Revised UoM sentiment Comment: U.S. stocks are seen opening marginally …
Instrument: CHFJPY Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 154.802 with take profit at 155.002. Bearish Preference: A sell position is envisaged if the price trades below 154.440 with take profit at 154.310. Fundamentals:12:30am JPY Tokyo Core CPI y/y Comment: Consumer price index inflation in Japan’s capital read below expectations in May, data …
Instrument: EURJPY Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 150.078 with take profit at 150.225. Bearish Preference: A sell position is envisaged if the price trades below 149.803 with take profit at 149.666. Fundamentals:12:30am JPY Tokyo Core CPI y/y Comment: Even though the Euro has garnered strength due to hawkish pressure on JPY, it …
