Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.921 with take profit at 114.001. Bearish Preference: Sell position is envisaged if price trades below 113.729 with take profit at 113.627. Fundamentals:No Major Fundamental Comment: The US Dollar was softer in Asia today as Treasury yields pulled back from last week’s peak. US 5-year Treasury …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1776.76 with take profit at price 1779.08. Bearish Preference: A sell position is envisaged if price trades below price 1769.80 with take profit at price 1767.58. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The Fed will hand down its latest policy …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1879.92 with take profit at 1883.16. Bearish Preference: Sell position is envisaged if price trades below 1861.99 with take profit at 1855.89. Fundamentals:USD 2:45 PM Flash Manufacturing PMI Comment: Gold was down on Friday morning in Asia as an improving economic outlook broadened investors’ …
