Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17717 with take profit at 1.17831. Bearish Preference: Sell position is envisaged if price trades below 1.17529 with take profit at 1.17406. Fundamentals:No major fundamental. Comment: The greenback has been able to maintain its strength despite stocks’ upswing – showing that it is more than …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38227 with take profit at 1.38358. Bearish Preference: Sell position is envisaged if price trades below 1.37975 with take profit at 1.37813. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: The dollar edged lower in early European trade Wednesday ahead of the release of the keenly-awaited minutes from the …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1780.02 with take profit at 1782.27. Bearish Preference: Sell position is envisaged if price trades below 1771.91 with take profit at 1769.54. Fundamentals:USD 1:30 PM Unemployment Claims 3:30 PM ISM Manufacturing PMI Comment: The dollar was headed for its biggest monthly rise …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19025 with take profit at 1.19177. Bearish Preference: Sell position is envisaged if price trades below 1.18812 with take profit at 1.18692. Fundamentals:7:00 pm USD Fed Chair Powell Testifies Comment: All eyes are on Fed chief Jerome Powell who appears before U.S. Congress from 1800 GMT, although …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1886.33 with take profit at 1889.32. Bearish Preference: Sell position is envisaged if price trades below 1875.49 with take profit at 1872.00. Fundamentals:USD 1:30PM CPI m/m 1:30PM Core CPI m/m 1:30PM Unemployment Claims Comment: The yellow …
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: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41457 with take profit at 1.41585. Bearish Preference: Sell position is envisaged if price trades below 1.41097 with take profit at 1.40977. Fundamentals:1:30pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
Instrument: EURGBP Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.37566 with a take profit at price 1.37749. Bearish Preference: A Sell position is envisaged if price trades below price 1.37003 with a take profit at price 1.36761. Fundamentals:No major fundamental Comment: The Pound has come under notable pressure in recent sessions with last week …
Instrument: USDCHF Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.94322 with take profit at 0.94447. Bearish Preference: Sell position is envisaged if price trades below 0.93987 with take profit at 0.93885. Fundamentals:3:00pm USD CB Consumer Confidence Comment: The USD buying remained unabated through the first half of the European session and pushed the USD/CHF pair …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 150.369 with take profit at 150.546. Bearish Preference: Sell position is envisaged if price trades below 149.978 with take profit at 149.770. Fundamentals:No major fundamental Comment: The UK’s reopening and rapid vaccination campaign are helping sterling hold up.Another factor supporting sterling comes from the Bank of England, …
