Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37102 with take profit at 1.37106. Bearish Preference: Sell position is envisaged if price trades below 1.36775 with take profit at 1.36681. Fundamentals:1PM USD FOMC Member Evans Speaks1:30PM USD Core Durable Goods Orders m/m Durable Goods Orders m/m7:00PM GBP BOE Gov Bailey Speaks Comment: The UK …
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: OIL Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below price 62.16 with a take profit at price 60.05. Bullish Preference: A Buy position is envisaged if price trades above price 63.80 with take profit at price 64.70. Fundamentals:No major fundamentals Comment: OPEC’s crude production plunged last month as Saudi Arabia delivered extra cutbacks …
