Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38611 with take profit at 1.38789. Bearish Preference: Sell position is envisaged if price trades below 1.38342 with take profit at 1.38161. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m 6:01pm USD 30-y Bond Auction Comment: The dollar is largely unchanged in early European …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38227 with take profit at 1.38358. Bearish Preference: Sell position is envisaged if price trades below 1.37975 with take profit at 1.37813. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: The dollar edged lower in early European trade Wednesday ahead of the release of the keenly-awaited minutes from the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14762.75 with take profit at 14781.51. Bearish Preference: Sell position is envisaged if price trades below 14703.52 with take profit at 14684.73. Fundamentals:3:00pm USD ISM Services PMI Comment: The U.S. economy is booming, but this is now a known and asset markets reflect it. What isn’t so clear …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23585 with take profit at 1.23679. Bearish Preference: Sell position is envisaged if price trades below 1.23396 with take profit at 1.23328. Fundamentals:No Major Fundamentals Comment: Even if there are good jobs data, there is still a long way to go before the US reaches ‘full employment’ as …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18509 with take profit at 1.18638. Bearish Preference: Sell position is envisaged if price trades below 1.18147 with take profit at 1.18013. Fundamentals:1:30 pm EUR ECB President Lagarde Speaks USD Average Hourly Earnings m/m …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13872.62 with take profit at 13898.26 Bearish Preference: Sell position is envisaged if price trades below 13800.52 with take profit at 13769.51. Fundamentals:None with high impact on the index. Comment: Major averages closed near the flatline on Tuesday as stocks remained range bound near record …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.74 with take profit at 71.86. Bearish Preference: Sell position is envisaged if price trades below 71.32 with take profit at 71.17. Fundamentals:No major fundamental. Comment: Looking ahead, traders will eye this week’s API and EIA crude oil reports for clues about the supply-demand relationship. The …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21329 with take profit at 1.21471. Bearish Preference: Sell position is envisaged if price trades below 1.21069 with take profit at 1.20921. Fundamentals:1:30pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 109.807 with take profit at price 109.907. Bearish Preference: A sell position is envisaged if price trades below price 109.589 with take profit at price 109.494. Fundamentals:No Major Fundamentals Comment: The dollar edged higher in early European trade Wednesday, climbing from a near five-month …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 13778.40 with a take profit at price 13811.33. Bearish Preference: A Sell position is envisaged if price trades below 13699.40 with take profit at price 13666.65. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Traders are returning from Memorial Day with renewed optimism as stock index futures point higher …
