Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72638 with take profit at 0.72769 Bearish Preference: Sell position is envisaged if price trades below 0.72496 with take profit at 0.72371 Fundamentals:No major fundamental Comment: The US dollar climbed Friday as investors sought safe havens in fear of covid contagion. Additionally, Federal Reserve Governor …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.594 with take profit at 110.738. Bearish Preference: Sell position is envisaged if price trades below 110.234 with take profit at 110.108. Fundamentals: USD 3:00 pm Fed Chair Powell Speaks Comment: USD/JPY took a breather on Friday after jumping more than 80-pips in the overnight …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1775.75 with take profit at 1778.80. Bearish Preference: Sell position is envisaged if price trades below 1765.31 with take profit at 1762.58. Fundamentals: No Major Fundamental. Comment: U.S. stocks are seen opening sharply higher Tuesday, bouncing back from the previous session’s major selloff, ahead of the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17279 with take profit at 1.17374. Bearish Preference: Sell position is envisaged if price trades below 1.17197 with take profit at 1.17076. Fundamentals: No Major Fundamentals Comment: The dollar edged lower in early European trade Tuesday, slipping from a month high, ahead of the start …
