Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.17081 with take profit at 1.17236 Bearish Preference: A Sell position is envisaged if price trades below price 1.16699 with take profit at 1.16545 Fundamentals:7:00am GBP GDP m/m Comment: GBP/USD rose 0.7% to 1.1667, piggy-backing on the euro’s gains versus the dollar, although the latest economic data showed …
Instrument: DE30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 14873.1 with take profit at 14997.9. Bearish Preference: A Sell position is envisaged if price trades below 14629.2 with take profit at 14527.2. Fundamentals:None with high impact Comment: Germany put a new Russian gas pipeline on ice and Britain hit Russian banks with sanctions as …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.88 with take profit at 82.18. Bearish Preference: Sell position is envisaged if price trades below 80.96 with take profit at 80.67. Fundamentals:4:30pm USD Crude Oil Inventories. Comment: Oil prices rose to a one-week high on Tuesday after a move by the United States and …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38157 with take profit at 1.38269. Bearish Preference: Sell position is envisaged if price trades below 1.37844 with take profit at 1.37725. Fundamentals:1:30pm USD Core Retail Sales m/m …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38227 with take profit at 1.38358. Bearish Preference: Sell position is envisaged if price trades below 1.37975 with take profit at 1.37813. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: The dollar edged lower in early European trade Wednesday ahead of the release of the keenly-awaited minutes from the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39139 with take profit at 1.39343. Bearish Preference: Sell position is envisaged if price trades below 1.38865 with take profit at 1.38692. Fundamentals:None with a high impact on the pair. Comment: The pound suffered another blow from disappointing UK Retail Sales figures for May, which …
Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.86270 with take profit at 0.86342. Bearish Preference: Sell position is envisaged if price trades below 0.86115 with take profit at 0.86046. Fundamentals:1:15 pm GBP BOE Gov Bailey Speaks Comment: Europe’s vaccination campaign continues at full speed and COVID-19 cases continue falling. The Delta variant is spreading …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 150.369 with take profit at 150.546. Bearish Preference: Sell position is envisaged if price trades below 149.978 with take profit at 149.770. Fundamentals:No major fundamental Comment: The UK’s reopening and rapid vaccination campaign are helping sterling hold up.Another factor supporting sterling comes from the Bank of England, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.39454 with take profit at 1.39727. Bearish Preference: Sell is envisaged if price trades below 1.39141 with take profit at 1.38880. Fundamentals:4:00PM – Unemployment Claims6:05PM – Fed Chair Powell Speaks Comment: GBP/USD has been resisting yield-driven dollar strength ahead of Fed Chair Powell’s speech as the …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1.20740 with take profit at 1.20332 Bullish Preference: Buy is envisaged if price trades above 1.21174 with take profit at 1.21393 Fundamentals:EUR German Flash Manufacturing PMIEUR German Flash Services PMI Comment: The recent 70-pip upward move in EUR/USD has been due to the fact that the European …
