Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 137.282 with take profit at 137.398 Bearish Preference: Sell position is envisaged if price trades below price 136.904 with take profit at 136.784 Fundamentals:1:30pm USDCPI m/m USDCore CPI m/m Comment: “The combination of slow growth, debt, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21380 with take profit at 1.21595 Bearish Preference: Sell position is envisaged if price trades below 1.20786 with take profit at 1.20572 Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The U.S. dollar edged higher in early European trade Friday, trading close to the highs of the year on safe-haven …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23472 with take profit at 1.23680 Bearish Preference: Sell position is envisaged if price trades below 1.22325 with take profit at 1.22137 Fundamentals:No Major Fundamental Comment: U.K. manufacturing activity is slowing more sharply than expected as persistent price pressures take their toll on manufacturers and service companies alike, …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1834.57 with take profit at 1837.00 Bearish Preference: Sell position is envisaged if price trades below price 1826.15 with take profit at 1824.53 Fundamentals:USD: 1:30pm PPI m/m Comment:Gold prices collapsed during Monday’s Wall Street session as traders returned after a weekend of …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 12368.33 with take profit at 12401.65 Bearish Preference: Sell position is envisaged if price trades below 12208.14 with take profit at 12173.88 Fundamentals:1:30pm USD CPI m/mUSD Core CPI m/m Comment: U.S. stocks sold off sharply Thursday as investor anxiety heightened ahead of data on Friday that is …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 123.08 with take profit at 123.27 Bearish Preference: Sell position is envisaged if price trades below price 121.92 with take profit at 121.71 Fundamentals:No Major Fundamental Comment:Oil prices slipped on Friday but remained within touching distance of three-month highs as fears over new COVID-19 lockdown …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25454 with take profit at 1.25646 Bearish Preference: Sell position is envisaged if price trades below price 1.25004 and Take profit 1.24670 Fundamentals:No Major Fundamental Comment:The U.S. dollar edged lower in early European trade Monday, with activity limited ahead of the release of key U.S. …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26344 with take profit at 1.26917 Bearish Preference: Sell position is envisaged if price trades below 1.25233 with take profit at 1.24745 Fundamentals:1:30pm USD Prelim GDP q/q Comment: The minutes from the early May Fed meeting, released Wednesday, indicated that the central bank policymakers will be sticking to a plan to raise …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13615.6 with take profit at 13642.4 Bearish Preference: Sell position is envisaged if price trades below 13487.8 with take profit at 13457.1 Fundamentals:No Major fundamentals Comment: U.S. stocks are seen opening lower Monday, continuing the recent selloff ahead of the release of the latest consumer inflation data which …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32824 with take profit at 1.32963. Bearish Preference: Sell position is envisaged if price trades below 1.32448 with take profit at 1.32295. Fundamentals:8:00am GBP CPI y/y1:00pm GBP BOE Gov Bailey Speaks Comment: The dollar was …
