Instrument: OILS Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 106.66 with take profit at 107.28 Bearish Preference: Sell position is envisaged if price trades below 105.16 with take profit at 104.74 Fundamentals:No major fundamental Comment: China’s COVID situation, rising rates and growing recession risks are not helping risk assets,” Warren Patterson, head of ING commodities research, …
Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16073.01 with take profit at 16112.25. Bearish Preference: Sell position is envisaged if price trades below 15901.74 with take profit at 15864.89. Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate4:00pm USD ISM Services PMI Comment: Stock futures were mostly flat in early trading Friday …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.18378 with take profit at price 1.18494. Bearish Preference: A sell position is envisaged if price trades below price 1.18245 with take profit at price 1.18145. Fundamentals: EUR 12:45PM Monetary Policy Statement Main Refinancing Rate 1:30PM ECB Press ConferenceUSD 1:30pm Unemployment Claims4:00PM …
Instrument: US30 Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 35415 with take profit at price 35450. Bearish Preference: A sell position is envisaged if price trades below price 35365 with take profit at price 35330. Fundamentals: No major Fundamentals Comment: U.S. stock futures were flat Tuesday morning amid lingering concerns about the delta variant’s impact on …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1808.89 with take profit at 1813.04. Bearish Preference: Sell position is envisaged if price trades below 1797.16 with take profit at 1794.36 . Fundamentals:All Day G20 Meetings Comment: Concerns over slowing global economic growth, coupled with fears over Covid flareups, particularly in Europe and Asia, …
