Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 142.841 with take profit at 143.329. Bearish Preference: Sell position is envisaged if price trades below 141.626 with take profit at 140.942. Fundamentals:JPY 3:15am- Monetary Policy StatementJPY 7:30am- BOJ Press ConferenceUSD 1:30pm- Unemployment Claims Comment: The yen surged as the Bank of Japan intervened to support it …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.31800 with take profit at 1.32004 Bearish Preference: A Sell position is envisaged if price trades below price 1.31342 with take profit at 1.31194 Fundamentals:3:00pm CAD BOC Rate Statement CAD Overnight Rate CAD Ivey PMI Comment: The Canadian dollar will strengthen over the coming year, recouping recent declines …
Instrument: OIL Technical Analysis: Bullish Preference: Buy position is envisaged if price trades above 105.80 with take profit at 106.22 Bearish Preference: Sell position is envisaged if price trades below 104.55 with take profit at 104.15 Fundamentals: No major fundamental Crude oil prices washed out towards $94/barrel last week, a floor under the market ever …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1833.63 with take profit at 1837.37 Bearish Preference: Sell position is envisaged if price trades below 1819.93 with take profit at 1817.72 Fundamentals:Core Retail Sales m/m 1:30 PMRetail Sales m/m 1:30 PMFed Chair Powell Speaks 7:00 PM Comment: Gold prices …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 92.15 with take profit at 93.18. Bearish Preference: Sell position is envisaged if price trades below 90.30 with take profit at 89.87 Fundamentals:No major Fundamental. Comment: Fundamentals and geopolitics have pushed oil prices rallying by 20 percent so far this year to levels last seen …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 111.329 with take profit at 111.449. Bearish Preference: A Sell position is envisaged if price trades below price 111.022 with take profit at 110.944. Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: In light of the recent price action, the potential advance to …
