Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.31147 with take profit at 1.31314. Bearish Preference: Sell position is envisaged if price trades below 1.30617 with take profit at 1.30456 Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: The Fed raised interest rates by 25 basis points last month, its first increase since 2018, and …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1926.24 with take profit at 1928.30 Bearish Preference: Sell position is envisaged if price trades below 1914.18 with take profit at 1912.09 Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: Gold prices dipped on Wednesday after the dollar and Treasury yields jumped to multi-year highs …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.76032 with take profit at 0.76249 Bearish Preference: Sell position is envisaged if price trades below 0.75584 with take profit at 0.75414 Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: The U.S. dollar strengthened Wednesday on raised expectations of aggressive monetary policy tightening by the Federal Reserve, …
Instrument: US2000 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 2094.9 with take profit at 2096.8 Bearish Preference: Sell position is envisaged if price trades below 2088.8 with take profit at 2086.0 Fundamentals:3:00pm USD ISM Services PMI3:05pm USD FOMC Member Brainard Speaks Comment: U.S. …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.31460 with take profit at 1.31574 Bearish Preference: Sell position is envisaged if price trades below 1.31251 with take profit at 1.31135 Fundamentals:3:00pm USD ISM Services PMI Comment: On the economic data front, the UK Services PMI was revised higher and finalized …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24976 with take profit at 1.25018 Bearish Preference: Sell position is envisaged if price trades below 1.24896 with take profit at 1.24800 Fundamentals:No major Fundamental. Comment: Amid heightened geopolitical and fundamental risks, the safe-haven appeal of the US Dollar and the hawkish rhetoric of the Federal Reserve …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34762 with take profit at 34789 Bearish Preference: Sell position is envisaged if price trades below 34712 with take profit at 34684 Fundamentals:No major Fundamental. Comment: U.S. stocks are seen opening largely flat Monday, with investors talking a cautious stance ahead of the release of key minutes from …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 106.27 with take profit at 107.12 Bearish Preference: Sell position is envisaged if price trades below 104.43 with take profit at 103.95 Fundamentals:No major Fundamental. Comment: Oil traded below $105 on Friday after Biden announced the largest-ever supply release from US emergency reserves. Technically, the trend bias …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1931.88 with take profit at 1933.42 Bearish Preference: Sell position is envisaged if price trades below 1924.57 with take profit at 1920.53 Fundamentals:No major Fundamental. Comment: There’s no two-ways about it: gold prices outperformed our expectations in Q1’22. Our rationale for not taking a bullish outlook on gold …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21329 with take profit at 1.21471. Bearish Preference: Sell position is envisaged if price trades below 1.21069 with take profit at 1.20921. Fundamentals:1:30pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
