Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.08012 with take profit at 1.08147 Bearish Preference: Sell position is envisaged if price trades below 1.07826 with take profit at 1.07668 Fundamentals:No major Fundamental. Comment: European stock markets weakened Tuesday, with investors focusing on developments in Ukraine as Russia intensifies its assault in the east of the …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.33447 with take profit at 1.33572. Bearish Preference: A Sell position is envisaged if price trades below price 1.33305 with take profit at 1.33173. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.44 with take profit at 1796.51. Bearish Preference: Sell position is envisaged if price trades below 1789.43 with take profit at 1786.13. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida Speaks Comment: Gold’s …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34172 with take profit at 1.34318 Bearish Preference: Sell position is envisaged if price trades below 1.33755 with take profit at 1.33605 Fundamentals:3:45pm USD Flash Manufacturing PMIUSD Flash Services PMI Comment: On the other side of the US Dollar, GBP/USD could possibly hold some allure …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1841.76 with take profit at 1843.89. Bearish Preference: Sell position is envisaged if price trades below 1836.55 with take profit at 1834.41. Fundamentals:None with high impact Comment: Another week of strong gold buying has now raised the alarm bells given the risk of long liquidation should …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23806 with take profit at 1.23868. Bearish Preference: Sell position is envisaged if price trades below 1.23673 with take profit at 1.23612. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The USD/CAD pair lacked any firm directional bias on Monday and remained confined in a narrow trading band, below …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1769.70 with take profit at 1771.51. Bearish Preference: Sell position is envisaged if price trades below 1765.38 with take profit at 1763.42. Fundamentals:2:15PM USD: Industrial Production m/m Comment: Gold has given back nearly all of last Wednesday’s post-CPI release rally and is now back at …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 111.329 with take profit at 111.449. Bearish Preference: A Sell position is envisaged if price trades below price 111.022 with take profit at 110.944. Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: In light of the recent price action, the potential advance to …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72563 with take profit at 0.72665. Bearish Preference: Sell position is envisaged if price trades below 0.72364 with take profit at 0.72278. Fundamentals: 7:00pm USD FOMC Economic Projections. Comment: The Australian Dollar is trading higher early Wednesday after posting a volatile trade the previous session. The …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.36912 with take profit at price 1.37141. Bearish Preference: A sell position is envisaged if price trades below price 1.36563 with take profit at price 1.36334. Fundamentals: No major fundamental. Comment: GBP/USD’s price action has been unexciting over the past few months. During this time, the pair …
