Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72563 with take profit at 0.72665. Bearish Preference: Sell position is envisaged if price trades below 0.72364 with take profit at 0.72278. Fundamentals: 7:00pm USD FOMC Economic Projections. Comment: The Australian Dollar is trading higher early Wednesday after posting a volatile trade the previous session. The …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.478 with take profit at 109.671. Bearish Preference: Sell position is envisaged if price trades below 109.228 with take profit at 109.051. Fundamentals:No major fundamental. Comment: The US Dollar is seeing some movement Friday morning. USD price action has been trading on its back foot for most of …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1875.86 with take profit at 1878.32. Bearish Preference: Sell position is envisaged if price trades below 1869.04 with take profit at 1866.05. Fundamentals:1:30 pm USD Philly Fed Manufacturing Index Unemployment Claims Comment: Gold was down on Thursday morning in Asia but remained just below the four-month …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1782.11 with a take profit at price 1784.12. Bearish Preference: A Sell position is envisaged if price trades below price 1775.90 with a take profit at price 1773.80. Fundamentals:None with high impact Comment: The price of gold appears to have reverse course ahead of …
