Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1803.62 with take profit at 1805.67 Bearish Preference: Sell position is envisaged if price trades below 1794.70 and take profit at 1792.14 Fundamentals:4:00pm USD ISM Services PMI Comment: Gold prices were steady on Monday despite stronger-than-expected U.S. jobs data indicating more potential interest rate hikes, while copper prices …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 11700.79 with take profit at 11712.09 Bearish Preference: Sell position is envisaged if price trades below 11659.67 with take profit at 11647.79 Fundamentals:4pm USD CB Consumer Confidence Comment: Shares of Apple Inc fell 1.4% on Monday as growing worker unrest at the world’s biggest iPhone factory in China fanned …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32719 with take profit at 1.32967. Bearish Preference: Sell position is envisaged if price trades below 1.31914 with take profit at 1.31636. Fundamentals:2:30pm CAD CPI m/m CAD Median CPI y/y CAD …
Instrument: OILs+ Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 94.02 with take profit at 94.60 Bearish Preference: Sell position is envisaged if price trades below 92.66 with take profit at 92.24 Fundamentals:2:30pm CAD CPI m/m CAD Median CPI …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 95.50 with take profit at 95.90. Bearish Preference: Sell position is envisaged if price trades below 94.20 with take profit at 93.89. Fundamentals:No high impact fundamental. Comment: Oil prices fell on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China dashed …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 93.37 with take profit at 93.82 Bearish Preference: Sell position is envisaged if price trades below 92.46 with take profit at 92.12 Fundamentals:None with high impact Comment: Oil prices fell over $1 on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 90.76 with take profit at 91.33 Bearish Preference: Sell position is envisaged if price trades below 89.54 with take profit at 88.99 Fundamentals:None with high impact Comment: Oil prices slid more than 1% on Monday after Chinese data showed that demand from the world’s largest crude importer remained …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 91.39 with take profit at 92.01. Bearish Preference: Sell position is envisaged if price trades below 90.12 with take profit at 89.38. Fundamentals:There is no strong fundamental in direct bearing with this commodity. Comment: Crude oil demand in China, the world’s largest oil importer, is rebounding, …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 136.115 with Take Profit at 136.341 Bearish Preference: Sell position is envisaged if price trades below 135.781 with Take Profit at 135.576 Fundamentals:No major fundamental Comment: The initial optimism led by reports that US president Joe Biden was leaning toward a decision to ease tariffs on goods …
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 …
