Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37606 with take profit at 1.37722 Bearish Preference: Sell position is envisaged if price trades below 1.37287 with take profit at 1.37177. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Manufacturing PMI Comment: The dollar edged higher Wednesday, but remains near its lowest point in three …
Instrument: EURJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 132.242 with a take profit at price 132.394. Bearish Preference: A Sell position is envisaged if price trades below price 131.857 with take profit at price 131.650 Fundamentals:No major fundamental Comment: EUR/JPY prints fresh gains on Monday in the Asian trading hours. The pair …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19594 with take profit at 1.19789. Bearish Preference: Sell position is envisaged if price trades below 1.19087 with take profit at 1.18840. Fundamentals:8:30 am EUR German Flash Manufacturing PMI EUR German Flash Services PMI9:00 am EUR Flash Manufacturing …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22480 with take profit at 1.22649. Bearish Preference: Sell position is envisaged if price trades below 1.22143 with take profit at 1.21990. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: The dollar edged marginally lower in early European trade Wednesday, remaining near multi-month lows ahead of the …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.21443 with take profit at 1.21526 Bearish Preference: A sell position is envisaged if price trades below 1.21275 with a take profit at 1.21162 Fundamentals:EUR. Eurogroup Meetings ( All Day)USD. Bank Holiday Comment: It’s a relatively busy day ahead on the EUR economic …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 1.12424 with take profit at 1.12805. Alternative scenario: Sell is in order if price trades below 1.11758 with take profit at 1.11698. Fundamentals:ALL DAY EUR Economic Summit Comment: Technically price is at a proven support and sentiments seems to favour the EUR today given fundamentals from …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09016 with take profit at 1.08836 Alternative scenario: Buy position is envisaged if price trades above 1.09260 with take profit at 1.09377 Fundamentals:ECB Monetary Policy Meeting Accounts (EUR) 12:30 pm Comment: The Greenback traded higher yesterday against an array of other currencies, the Euro inclusive and given that previous data released from the Eurozone has …
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 …
