Instrument: NZDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.70466 with a take profit 0.70035. Bearish Preference: Enter a Sell position if price trades below 0.70789 with take profit at 0.71032. Fundamentals:2:30 pm USD Final GDP q/q Comment: The dollar has been trading above major pairs but the fear of the new COVID has stopped …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22317 with a take profit 1.22499. Bearish Preference: Enter a Sell position if price trades below 1.21996 with take profit at 1.21841. Fundamentals: 2:30 pm USD Final GDP q/q Comment: The buck gained some strength yesterday and this is due to the passage of the $900 billion …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33012 with a take profit 1.33934. Bearish Preference: Enter a Sell position if price trades below 1.32340 with take profit at 1.31403. Fundamentals:No Major Fundamentals. Comment: The cable saw a gap down on Friday, we could attribute that to the stalemate in the Br-exit negotiations, also …
Instrument: Oil Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 50.56 with a take profit 50.96. Bearish Preference: Enter a Sell position if price trades below 50.04 with take profit at 49.60 Fundamentals:no major economic data with direct bearing to this commodity. Comment: Oil has been caught in a string of bad news, as top traders …
Instrument: US30 Technical Analysis Bullish Preference: Buy if price trades above 30233 with take profit at 30283. Bearish Preference: A sell is envisaged when price trades below 30143 with take profit at 30091. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:45pm USD Flash Manufacturing PMI Comment: The Dow on Tuesday afternoon notched its best finish since around Thanksgiving as …
Instrument: OILs Technical Analysis Bullish Preference: Buy is envisaged if price trades above 50.15 with take profit at 50.87. Bearish Preference: Sell is envisaged if price trades below 49.61 with take profit at 48.81. Fundamentals:No Major Fundamentals Comment: Oil prices fell on Tuesday due to tighter lockdown in Europe and a forecast for a slower recovery in demand next year outweighed …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1834.07 with take profit at 1843.00. Bearish Preference: Sell is envisaged if price trades below 1828.94 with take profit at 1824.57. Fundamentals:No Fundamentals Comment: Technically we see that Gold has been on a sell binge on the H1, but at the moment price is close to a …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.33980 with take profit at 1.34664. Bearish Preference: Sell is envisaged if price trades below 1.33297 with take profit at 1.32587. Fundamentals:No Fundamentals Comment: Fundamentally the pounds has seen some boost as investors see that a brexit deal is very possible soon, for this sole reason the …
