Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1779.24 with take profit at 1781.56 Bearish Preference: Sell position is envisaged if price trades below 1775.31 with take profit at 1772.93 Fundamentals:No major fundamental Comment:It remains to be seen if the Federal Open Market Committee (FOMC) Minutes will influence the price of gold as the slowdown …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1862.43 with take profit at 1864.25 Bearish Preference: Sell position is envisaged if price trades below 1855.26 with take profit at 1853.52 Fundamentals:1:30pm USD Prelim GDP q/q Comment: The dollar edged higher on Friday but was on track for its biggest weekly drop in nearly four months as traders …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 122.813 with take profit at 123.002. Bearish Preference: Sell position is envisaged if price trades below 122.211 with take profit 122.056. Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate3:00 pm USD ISM Manufacturing PMI Comment: The U.S. dollar edged higher Friday ahead of the release …
