Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1747.05 with take profit at 1749.56 Bearish Preference: Sell position is envisaged if price trades below 1734.95 with take profit at 1731.63 Fundamentals:3PM USD: Fed Chair Powell Testifies Comment: Gold prices are muted through the start of the trading week, with a lack of potential …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72802 with take profit at 0.72873. Bearish Preference: Sell position is envisaged if price trades below 0.72661 with take profit at 0.72582. Fundamentals: USD 2:45PM Flash Manufacturing PMI Flash Services PMI Comment: The Fed left policy settings unchanged on Wednesday, as expected, and also decided …
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 …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.146 with take profit at 110.267. Bearish Preference: Sell position is envisaged if price trades below 109.821 with take profit at 109.728. Fundamentals:1:30pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1819.23 with take profit at 1821.87. Bearish Preference: Sell position is envisaged if price trades below 1809.52 with take profit at 1807.23 Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Manufacturing PMI Comment: Gold was down on Wednesday morning in Asia. Investors continued their cautious …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1817.04 with take profit at 1818.89. Bearish Preference: Sell position is envisaged if price trades below 1810.47 with take profit at 1809.03. Fundamentals:2:45pm USD Chicago PMI3:00pm USD CB Consumer Confidence Comment: Gold was up on Tuesday morning in Asia, with a weakening dollar giving the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.70 with take profit at 1809.38. Bearish Preference: Sell position is envisaged if price trades below 1802.32 with take profit at 1800.62. Fundamentals:No major fundamentals Comment: Despite the U.S dollar showing signs of stability on Tuesday, gold traded above $1,800 per ounce. COVID-19 may be able to delay …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15030.96 with take profit at 15039.28. Bearish Preference: Sell position is envisaged if price trades below 14992.66 with take profit at 14982.24. Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.04 with take profit at 1800.17. Bearish Preference: Sell position is envisaged if price trades below 1788.29 with take profit at 1786.20. Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: Gold was up on Wednesday morning in Asia. Investors turned towards the safe-haven yellow metal as increasing …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38439 with take profit at 1.38565. Bearish Preference: Sell position is envisaged if price trades below 1.38116 with take profit at 1.37986. Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment: The dollar was down on Friday morning in Asia, but remained near a four-month high. Investors now …
