Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32182 with take profit at 1.32319. Bearish Preference: Sell position is envisaged if price trades below 1.31909 with take profit at 1.31670. Fundamentals:No major fundamental Comment: The dollar rose in early European trade Monday, climbing close to its recent high, as the Federal Reserve pointed to …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.40 with take profit at 71.87. Bearish Preference: Sell position is envisaged if price trades below 70.73 with take profit at 70.34. Fundamentals:No major fundamental Comment: Crude oil prices went lower in the Asian session as risk assets came under pressure across the board. Markets were …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.75 with take profit at 1807.31. Bearish Preference: Sell position is envisaged if price trades below 1796.01 with take profit at 1791.67. Fundamentals:No major fundamental Comment: Gold was down on Monday morning in Asia as the Fed signaled an earlier interest rate hike, while fears …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13103 with take profit at 1.13197. Bearish Preference: Sell position is envisaged if price trades below 1.12903 with take profit at 1.12817. Fundamentals:1:45pm EUR Main Refinancing RateEUR Monetary Policy Statement2:30pm EUR ECB Press Conference Comment: European stock markets traded sharply higher Thursday, with investors reacting positively …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.23 with take profit at 75.46. Bearish Preference: Sell position is envisaged if price trades below 74.29 with take profit at 74.10. Fundamentals:No major fundamental Comment: World stocks marched back towards record highs on Thursday as traders waited to see if Europe’s top central banks, …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16477.45 with take profit at 16525.47. Bearish Preference: Sell position is envisaged if price trades below 16339.82 with take profit at 16291.51. Fundamentals:2:30pm USD Philly Fed Manufacturing Index USD Unemployment Claims3:15pm USD Industrial Production m/m3:45pm USD Flash Manufacturing PMI3:45pm USD Flash Services PMI Comment: Federal Reserve …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1788.45 with take profit at 1790.86. Bearish Preference: Sell position is envisaged if price trades below 1783.55 with take profit at 1780.96. Fundamentals:2:30pm USD Philly Fed Manufacturing Index USD Unemployment Claims3:15pm USD Industrial Production m/m3:45pm USD Flash Manufacturing PMI3:45pm USD Flash Services PMI Comment: European …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15978.49 with take profit at 16029.97. Bearish Preference: Sell position is envisaged if price trades below 15840.50 with take profit at 15801.37. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m8:00pm USD FOMC Economic Projections Comment: U.S. stock futures traded mixed on Wednesday, with signs that …
Instrument: OIL Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 73.24 with take profit at 73.52. Bearish Preference: Sell position is envisaged if price trades below 72.48 with take profit at 72.18. Fundamentals:None with high impact on the commodity. Comment: Oil prices fell for a third day straight on Wednesday on growing signs that supply growth …
Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.85197 with take profit at 0.85303. Bearish Preference: Sell position is envisaged if price trades below 0.84957 with take profit at 0.84859. Fundamentals:8:00am GBP CPI y/y Comment: The BoE is in a tough spot ahead of the policy meeting on Thursday, and it remains uncertain whether …
