Intraday: Bullish Technical Analysis Preference: A buy if price trades above 1.08524 with take profit at 1.08817 Alternative scenario: Sell at 1.08191 with take profit at 1.07872 Fundamentals:1:30pm US Averag HourlyEarnings m/m Non-Farm Employment Change Unemployment Rate Comment: The U.S. dollar weakened in early European trade Friday as the onslaught of grim economic …
Intraday: Bearish Technical Analysis Preference: A sell trade is envisaged if price trades below 1.07794 with take profit at 1.07545 Alternative scenario: A buy trade is envisaged if price trades above 1.08086 with take profit at 1.08236 Fundamentals:1:30pm Unemployment Claims (USD)3pm ECB President Lagarde Speaks (EUR) Comment: Generally speaking, this pair has struggled breaking past a strong resistance level …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09209 with take profit at 1.08970 Alternative scenario: Buy position is envisaged if price trades above 1.09494 with take profit at 1.09649 Fundamentals:No major economic data expected today Comment: The statement by the White House pinning blame on China for the outbreak of the novel …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08551 with take profit at 1.08184 Alternative scenario: Buy position is envisaged if price trades above 1.08777 with take profit at 1.08911 Fundamentals:EUR Main Refinancing Rate 12:45pmEUR Monetary Policy Statement 12:45pmEUR ECB Press Conference 1:30pmUSD Unemployment Claims 1:30pm Comment: The EURO gains from yesterday quickly …
Intraday: Bearish Technical Analysis Preference: Sell if price trades below 1.07300 with take profit at 1.07240 Alternative scenario: Buy position is envisaged if price trades above 1.07340 with take profit at 1.07400 Fundamentals: EUR 9:00am German for Business Climate USD 1:30pm Core Durable …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if price trades below 1.08372 with take profit at 1.08266 * Alternative scenario: Buy position is envisaged if price trades above 1.09000 with take profit at 1.09221 * Fundamentals:No major economic data expected today Comment: Market sentiment on the pair remain bearish owing to the expected global recession …
Intraday: Bearish * Technical Analysis * Preference: A sell is in order if price trades below 1.08480 with take profit at 1.08433 * Alternative scenario: Buy once price trades below 1.08570 with take profit at 1.08630 * Fundamentals:IMF Meetings Eur: Trade Balance Final CPI Final Core CPIUSA: CB learning Index Comment: The greenback is currently basking in sentiments given that …
Intraday: Bullish * Technical Analysis * Preference: A Buy position is envisaged if price trades above 1.08956 with take profit at 1.09047 * Alternative scenario: A Sell position is envisaged if price trades below 1.08783 with take profit at 1.08650 * Fundamentals:USD Unemployment Claims 1:30pm Comment: The dollar gains from yesterday quickly went sour today as data …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if trades below 1.09496 with take profit at 1.09400 * Alternative scenario: A Buy position is envisaged if price trades above 1.09545 with take profit at 1.09600 * Fundamentals:USD Core Retail Sales m/mUSD Retail Sales m/mUSD Empire State Manufacturing IndexUSD Capacity Utilization RateUSD Industrial Production …
