Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15099.22 with take profit at 15118.55. Bearish Preference: Sell position is envisaged if price trades below 15041.33 with take profit at 15019.07. Fundamentals:USD 3:00PM: FOMC Member Bostic Speaks JOLTS Job Openings …
Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 133.416 with take profit at 133.555. Bearish Preference: Sell position is envisaged if price trades below 133.176 with take profit at 133.059. Fundamentals:9:00 am EUR Italian Quarterly Unemployment Rate Comment: EURJPY has started the Asian Section with a bullish movement on the D1 time frame where …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1891.43 with take profit at 1895.38. Bearish Preference: Sell position is envisaged if price trades below 1876.39 with take profit at 1872.23. Fundamentals:No major fundamental Comment: Global markets were quite choppy this past week. This could follow signs of deteriorating risk appetite judging by recent performance of …
Instrument: CADJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 89.918 with take profit at price 90.068. Bearish Preference: A sell position is envisaged if price trades below price 89.625 with take profit at price 89.427. Fundamentals:No major fundamental. Comment: CAD/JPY rates have maintained their uptrend from the March and November 2020 lows unlike …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.38192 with a take profit at price 1.38346. Bearish Preference: A Sell position is envisaged if price trades below price 1.37698 with a take profit at price 1.37547. Fundamentals:GBP: Net Lending to Individuals m/m (9:30am)USD: FOMC Member Waller Speaks (4pm) Comment: The British Pound has …
Instrument: GBPUSD Technical Analysis Bearish Preference: A sell position is envisaged if price trades below 1.38222 with a take profit at 1.37647 Bullish Preference: A buy position is envisaged if price trades above price 1.39773 with take profit at price 1.40402 Fundamentals:USD: Core PCE Price Index m/m (2:30pm)G20 Meeting (All Day) Comment: The dollar climbed higher in early European …
Instrument: GOLD Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below 1741.41 with a take profit at 1719.92. Bullish Preference: A Buy position is envisaged if price trades above price 1780.05 with take profit at price 1793.15 Fundamentals:USD: Core PCE Price Index m/m (2:30pm)USD: Chicago PMI (3:45pm) Comment: The Precious Metal which is seen as a …
Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.27301 with take profit at 1.26968. Bullish Preference: Buy is envisaged if price trades above 1.28199 with take profit at 1.28560. Fundamentals:USD Final Manufacturing PMIUSD ISM Manufacturing PMIUSD ISM Manufacturing PricesCAD Manufacturing PMI Comment: Technically, on the D1 we see that the 50 EMA is serving …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.11555 with take profit at 1.11750. Alternative scenario: Sell position is envisaged if price trades below 1.10937 with take profit at 1.10659 Fundamentals:No major economic data with direct bearing on the pair Comment: The Greenback is currently pressured by the seeming recovery of global economies in …
Intraday: Bullish Technical Analysis Preference:Buy position is envisaged if price trades above 34.90 with take profit at 35.30 Alternative scenario: Sell position is envisaged if price trades below 32.89 with take profit at 32.20 Fundamentals:Baker Hughes Rig Count (US) 6pm Comment: The instrument has been over bought this week eventually setting a new high and the resistance at 36.90 proving …
