Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if the price trades above 1.16391 with take profit at 1.16618 Bearish Preference: Sell position is envisaged if the price trades below 1.15759 with take profit at 1.15570 Fundamentals:None with high impact Comment: GBP handed back some of the week’s near 2% gains on optimism that new British Prime Minister Rishi Sunak …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.29699 with take profit at 1.29739 Bearish Preference: Sell position is envisaged if price trades below price 1.29525 with take profit at 1.29445 Fundamentals:9:45am USD Flash Manufacturing PMI USD Flash Services PMI 3:00pm USD Fed Chair Powell Testifies Comment:The Fed Chair …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14099.8 with take profit at 14135.8 Bearish Preference: Sell position is envisaged if price trades below 13963.4 with take profit at 13911.7 Fundamentals:No Major Fundamental Comment: European stock markets were lower after early trading on Tuesday, as reminders of the risks to global growth from both China and …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24976 with take profit at 1.25018 Bearish Preference: Sell position is envisaged if price trades below 1.24896 with take profit at 1.24800 Fundamentals:No major Fundamental. Comment: Amid heightened geopolitical and fundamental risks, the safe-haven appeal of the US Dollar and the hawkish rhetoric of the Federal Reserve …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27200 with take profit at 1.27375. Bearish Preference: A Sell position is envisaged if price trades below 1.27016 with take profit at 1.26845. Fundamentals:No major Fundamental Comment: Against the backdrop of eroding fundamentals, markets become increasingly sensitive to political risks as their capacity for inducing market-wide volatility …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32566 with take profit at 1.32694. Bearish Preference: Sell position is envisaged if price trades below 1.32375 with take profit at 1.32238. Fundamentals:No Major Fundamental. Comment: The UK kicked off 2021 with an advantage – it secured more vaccines than its peers in the West, and …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15004.23 with take profit at 15022.81. Bearish Preference: Sell position is envisaged if price trades below 14964.77 with take profit at 14943.17. Fundamentals:No Major Fundamental Comment: Stocks in the US closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.194 with take profit at 110.297. Bearish Preference: Sell position is envisaged if price trades below 109.869 with take profit at 109.773. Fundamentals:1:30 PM USD Core retail Sales USD Retail Sales3:00PM USD Prelim UoM …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20152 with take profit at 1.21177. Bearish Preference: Sell position is envisaged if price trades below 1.20712 with take profit at 1.20583. Fundamentals:1:30pm USD Core PCE Price Index m/m2:45pm USD Chicago PMI Comment: The buying opportunities in the US dollar pushed USD/CAD higher on …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37641 with take profit at 1.37762. Bearish Preference: Sell position is envisaged if price trades below 1.37315 with take profit at 1.37155. Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: The dollar handed back some gains in early European trading Wednesday as bond yields edged off highs, …
