Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 94.45 with take profit at 94.77. Bearish Preference: Sell position is envisaged if price trades below 92.61 with take profit at 92.00 Fundamentals:No Major Fundamentals Comment: Oil recovered some of its more than 2% fall in Asian trade on Thursday after Russian-backed rebels in eastern …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.81 with take profit at 1807.31. Bearish Preference: Sell position is envisaged if price trades below 1796.65 with take profit at 1794.30. Fundamentals:2:30PM USD Unemployment Claims4:00PM USD ISM Services PMI Comment: The U.S. dollar edged lower overall in early European trade Wednesday, handing back some overnight …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16032.18 with take profit at 16120.50. Bearish Preference: Sell position is envisaged if price trades below 15905.46 with take profit at 15828.66. Fundamentals:2:30pm USD Final GDP q/q Comment: Asian session markets were broadly up on Wednesday as the risk appetite of global investors rises heading …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.40 with take profit at 71.87. Bearish Preference: Sell position is envisaged if price trades below 70.73 with take profit at 70.34. Fundamentals:No major fundamental Comment: Crude oil prices went lower in the Asian session as risk assets came under pressure across the board. Markets were …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.37 with take profit at 75.79. Bearish Preference: Sell position is envisaged if price trades below 74.17 with take profit at 73.79. Fundamentals:No major fundamental. Comment: Crude oil fell over 13% on Friday after the World Health Organisation (WHO) verified a new strain of Covid-19 …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24085 with take profit at 1.24198. Bearish Preference: Sell position is envisaged if price trades below 1.23709 with take profit at 1.23575. Fundamentals:No major fundamental Comment: USD/CAD licks the week-start wounds near 1.2375 amid a quiet Asian session on Tuesday. The Loonie pair benefited from the …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24121 with take profit at 1.24215. Bearish Preference: Sell position is envisaged if price trades below 1.23774 with take profit at 1.23672. Fundamentals:2:15PM USD: Industrial Production m/m3:30PM CAD: BOC Business Outlook Survey Comment: CAD’s rally continued this week, with USD/CAD breaking decisively below 1.24. Economists …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.24708 with take profit at 1.24876. Bearish Preference: A Sell position is envisaged if price trades below price 1.24375 with take profit at 1.24172. Fundamentals:3:00pm USD JOLTS Job Openings4:15pm USD FOMC Member Clarida Speaks6:01pm USD 10-y Bond Auction Comment: The USD/CAD pair spent the Asian …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1757.42 with take profit at 1760.91 Bearish Preference: Sell position is envisaged if price trades below 1745.09 with take profit at 1742.53 Fundamentals:1:15PM USD ADP Non-Farm Employment Change Comment: Gold was down on Wednesday morning in Asia as the dollar strengthened and U.S. Treasury yields …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 79.44 with take profit at 79.64 Bearish Preference: Sell position is envisaged if price trades below 78.53 with take profit at 78.28 Fundamentals:ALL DAY OPEC Meetings Comment: Asian equities were mostly softer today, despite a strong lead from the US on Friday. Uncertainties around Evergrande, …
