Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27090 with take profit at 1.27226. Bearish Preference: Sell position is envisaged if price trades below 1.26641 with take profit at 1.26510. Fundamentals: 1:30pm CAD CPI m/m Comment: Tuesday’s softer-than-expected US CPI report suggested that the big surge in inflation this year may have peaked and eased fears …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15090.10 with take profit at 15110.04. Bearish Preference: Sell position is envisaged if price trades below 15019.29 with take profit at 14993.10. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Despite …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1820.84 with take profit at 1822.54. Bearish Preference: Sell position is envisaged if price trades below 1813.32 with take profit at 1811.62. Fundamentals:USD 1:30 PM Advance GDP q/q Advance GDP …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14942.19 with take profit at 14954.08. Bearish Preference: Sell position is envisaged if price trades below 14890.21 with take profit at 14879.80. Fundamentals:1:30pm USD PPI m/m USD Core PPI m/m5:00pm USD Fed Chair …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.673 with take profit at 110.749. Bearish Preference: Sell position is envisaged if price trades below 110.420 with take profit at 110.310. Fundamentals:3:00pm USD CB Consumer Confidence. Comment: Financial markets are in risk-off mode, with the greenback firmer against most of its major rivals. Japan published the …
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 …
Instrument: US100 Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 13732.21 with take profit at 13753.94. Bearish Preference: A sell position is envisaged if price trades below price 13652.56 with take profit at price 13618.58. Fundamentals:No major fundamental. Comment: US1OO Market were rather uneventful last week with volatility cooling off as we head into …
