Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 93.38 with take profit at 93.69 . Bearish Preference: Sell position is envisaged if price trades below 93.00 with take profit at 92.67. Fundamentals:No major Fundamental. Comment: Crude oil prices soared about 5.9 percent this past week, bringing the commodity to close out at a new 2022 …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27018 with take profit at 1.27136. Bearish Preference: Sell position is envisaged if price trades below 1.26753 with take profit at 1.26635. Fundamentals:2:30pm CAD Employment ChangeCAD Unemployment Rate Comment: The dollar was nearly unchanged versus the loonie, dropping sharply against most major currencies. The 10-year yield …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13718 with take profit at 1.13830. Bearish Preference: Sell position is envisaged if price trades below 1.13465 with take profit at 1.13347. Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claims Comment: Retreating US bond yields weighed on the USD and assisted EUR/USD to gain traction on …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 86.76 with take profit at 87.04. Bearish Preference: Sell position is envisaged if price trades below 86.19 with take profit at 85.89. Fundamentals:No major fundamental Comment: Crude oil managed to hold onto Friday’s gains as economic data in Asia had some good news in it and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.29 with take profit at 85.61. Bearish Preference: Sell position is envisaged if price trades below 83.83 with take profit at 83.35. Fundamentals:No major fundamental Comment: Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13056 with take profit at 1.13140. Bearish Preference: Sell position is envisaged if price trades below 1.12944 with take profit at 1.12869. Fundamentals:9:00pm EUR Spanish Unemployment Change4:00pm USD ISM Manufacturing PMI USD JOLTS Job Openings Comment: The U.S. dollar pushed …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13336 with take profit at 1.13424. Bearish Preference: Sell position is envisaged if price trades below 1.13141 with take profit at 1.13043. Fundamentals:No Major Fundamental Comment: EUR/USD grinds higher past 1.1300, picking up bids to 1.1325 during early Monday morning in Europe. In doing so, the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 76.88 with take profit at 77.17. Bearish Preference: Sell position is envisaged if price trades below 75.88 with take profit at 75.60. Fundamentals:No Major Fundamental Comment: Brent crude futures snapped a three-day rally on Friday in light trade, with many investors away for the holidays, …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13103 with take profit at 1.13197. Bearish Preference: Sell position is envisaged if price trades below 1.12903 with take profit at 1.12817. Fundamentals:1:45pm EUR Main Refinancing RateEUR Monetary Policy Statement2:30pm EUR ECB Press Conference Comment: European stock markets traded sharply higher Thursday, with investors reacting positively …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32345 with take profit at 1.32480. Bearish Preference: Sell position is envisaged if price trades below 1.31967 with take profit at 1.31815. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: The GBPUSD pair edged higher during the early part of the trading action on Friday and …
