Instrument: DE30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 15391.9 with take profit at 15421.4. Bearish Preference: A Sell position is envisaged if price trades below price 15264.5 with take profit at 15224.4. Fundamentals:No major fundamental. Comment: European stock markets traded higher Monday, only partially unwinding Friday’s hefty losses, with travel stocks benefiting as …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.14648 with take profit at 1.14746. Bearish Preference: Sell position is envisaged if price trades below 1.14262 with take profit at 1.14165. Fundamentals:No Major Fundamental Comment: The Euro is continuing to suffer from the perception that the European Central Bank will not be tightening monetary policy …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15992 with take profit at 1.16141. Bearish Preference: Sell position is envisaged if price trades below 1.15812 with take profit at 1.15691. Fundamentals:11:00am EUR ZEW Economic SentimentEUR German ZEW Economic Sentiment2:00pm EUR ECB President Lagarde Speaks2:30pm USD PPI m/m USD Core PPI m/m3:00pm USD Fed …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35157 with take profit at 1.35400. Bearish Preference: Sell position is envisaged if price trades below 1.34702 with take profit at 134502. Fundamentals:4:30pm USD Fed Chair Powell Speaks Comment: The USD/JPY pair maintained its bid tone heading into the European session and was last seen trading …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16059 with take profit at 1.16125. Bearish Preference: Sell position is envisaged if price trades below 1.15824 with take profit at 1.15736. Fundamentals:1:30pm USD Core Durable Goods Order Comment: EUR/USD has been moving up and down in a tight channel around 1.1600 since Tuesday with investors …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37818 with take profit at 1.37918. Bearish Preference: Sell position is envisaged if price trades below 1.37438 with take profit at 1.37338. Fundamentals:Tentative: GBP Annual Budget Release Comment: The dollar edged lower in early European trade Wednesday in calm trading ahead of next week’s Federal Reserve …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27099 with take profit at 1.27225. Bearish Preference: A Sell position is envisaged if price trades below price 1.26638 with take profit at 1.26468. Fundamentals:3:30pm USD Crude Oil Inventories4:45pm USD Fed Chair Powell Speaks Comment: The USD/CAD pair lacked any firm directional bias and remained confined …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17388 with take profit at 1.17482. Bearish Preference: Sell position is envisaged if price trades below 1.17105 with take profit at 1.17015. Fundamentals: 3:00pm USD Fed Chair Powell Speaks Comment: The dollar hovered above a one-week low versus major peers on Friday, taking a breather after …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.73845 with take profit at 0.73954. Bearish Preference: Sell position is envisaged if price trades below 0.73553 with take profit at 0.73451. Fundamentals:None with high impact on the pair Comment: The dollar rose to its highest in a week against peers on Wednesday, buoyed by higher Treasury yields …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38094 with take profit at 1.38250. Bearish Preference: Sell position is envisaged if price trades below 1.37661 with take profit at 1.37498. Fundamentals:12:00pm GBP MPC Member Vlieghe Speaks Comment: The dollar edged lower in early European trading Monday, but remained at elevated levels ahead of this …
