Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41769 with take profit at 1.41875. Bearish Preference: Sell position is envisaged if price trades below 1.41586 with take profit at 141485. Fundamentals:None with high impact on the pair. Comment: The UK’s successful Covid-19 vaccine roll-out has probably contributed to sterling’s firmness these past few months. …
Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.22113 with a take profit at price 1.22188. Bearish Preference: A Sell position is envisaged if price trades below 1.21809 with take profit at price 1.21944. Fundamentals:No major fundamental. Comment: Crude oil prices traded slightly higher during the Asia-Pacific mid-day session after registering a 4.3% gain last …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 69.75 with a take profit at price 70.05. Bearish Preference: A Sell position is envisaged if price trades below 68.85 with take profit at 68.63 Fundamentals:No major fundamental. Comment: Crude oil prices traded slightly higher during the Asia-Pacific mid-day session after registering a 4.3% gain last …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 69.08 with a take profit at price 69.43. Bearish Preference: A Sell position is envisaged if price trades below price 68.19 with a take profit at price 67.87. Fundamentals:No major fundamental. Comment: Crude oil prices were muted during the Asia-Pacific mid-day session after surging 2.6% …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41305 with take profit at 1.41537. Bearish Preference: Sell position is envisaged if price trades below 1.40899 with take profit at 1.40663. Fundamentals:3:30 PM GBP BOE Gov Bailey Speaks Comment: The dollar was up on Tuesday morning in Asia, but gains were capped by expectations that …
Instrument: GBPJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 153.488 with take profit at price 153.654. Bearish Preference: A sell position is envisaged if price trades below price 153.081 with take profit at price 152.958. Fundamentals:No major fundamental. Comment: The British Pound has managed to outperform against most of its G10 FX …
Instrument: OILs Technical Analysis Bullish Preference: Buy is envisage if price trades above 69.39 with take profit at 69.57. Bearish Preference: Sell is envisaged if price trades below 68.78 with take profit at 68.57. Fundamentals:None with high Impact Comment: Crude oil supply data from the U.S. Energy Information Administration (EIA) showed a draw of 7.990 million barrels for the week to …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.13 with take profit at 70.32. Bearish Preference: Sell position is envisaged if price trades below 69.12 with take profit at 68.75. Fundamentals:None with high Impact Comment: The black stuff has already risen over 4% so far this week. A record fall in US crude inventories …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.83 with take profit at 68.09. Bearish Preference: Sell position is envisaged if price trades below 67.20 with take profit at 66.97. Fundamentals:None with high Impact Comment: Oil inched up early Tuesday morning in Asia as investors remained optimistic the continued economic recovery in regions such …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20608 with take profit at 1.20708. Bearish Preference: Sell position is envisaged if price trades below 1.20426 with take profit at 1.20328. Fundamentals:None with high impact Comment: The Euro started the day on a positive note, after German retail sales for March turned out considerably …
