Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.227 with take profit at 109.342. Bearish Preference: Sell position is envisaged if price trades below 109.030 with take profit at 108.877. Fundamentals:No Major Fundamental Comment: The dollar was down on Tuesday morning in Asia, recording losses against the safe-haven Japanese yen. Concerns over the most recent COVID-19 …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14841.02 with take profit at 14864.59. Bearish Preference: Sell position is envisaged if price trades below 14788.19 with take profit at 14762.32. Fundamentals:No major fundamental. Comment: Fears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth and that made for …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14114.86 with take profit at 14138.65. Bearish Preference: Sell position is envisaged if price trades below 13975.35 with take profit at 13948.32. Fundamentals:None with high impact on the Index. Comment: Looking to the week ahead on the DailyFX Economic Calendar, we see that the release of monthly PMI …
