Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 62.69 with take profit at 63.58. Bearish Preference: Sell position is envisaged if price trades below 61.05 with take profit at 60.85. Fundamentals:3:30pm USD Fed Chair Powell Testifies Comment: Oil prices rose more than 1% on Wednesday as investors sought bargains following the previous day’s slump, but the …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14601.1 with take profit at 14632.5. Bearish Preference: Sell position is envisaged if price trades below 14449.1 with take profit at 14415.2. Fundamentals:No major economic data Comment: DE30 ended bullish yesterday and has currently opened lower during the Asian time this morning due to the mixed …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1.20740 with take profit at 1.20332 Bullish Preference: Buy is envisaged if price trades above 1.21174 with take profit at 1.21393 Fundamentals:EUR German Flash Manufacturing PMIEUR German Flash Services PMI Comment: The recent 70-pip upward move in EUR/USD has been due to the fact that the European …
Instrument: DE30 Technical Analysis Bearish Preference: A sell position is envisaged if price trades below price 14073.9 with take profit at 14046.4 Bullish Preference: A Buy position is envisaged if price trades above 14152.4 with a take profit at 14177.3 Fundamentals:No major economic event Comment: DE30 closed higher on Friday on lackluster trading ahead of the long U.S. holiday weekend. Opening …
Instrument: DE30 Technical Analysis Bearish Preference: Sell is envisaged if price trades below 13839.0 with take profit at 13798.9. Bullish Preference: Buy is envisaged if price trades above 13971.5 with take profit at 13982.5 Fundamentals:8:00am EUR German Final CPI m/mAll day ECOFIN Meetings11:00am German ZEW Economic sentiment Comment: Germany stocks were higher after the close on Monday, as gains …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13919.4 with take profit at 13986.6 Bearish Preference: Sell is envisaged if price trades below 13959.5 with take profit at 13831.7 Fundamentals:None with direct impact on the index. Comment: DE 30 closed as a doji after rising to intraday highs Thursday as losses in technology stocks offset …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13968.90 with take profit at 13982.50. Bearish Preference: Sell is envisaged if price trades below 13983.80 with take profit at 13933.80. Fundamentals:No Major Fundamentals Comment: Germany reported an increase in coronavirus cases even as most of Europe was under the strictest restrictions, worldwide coronavirus cases surpassed …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13707.25 with take profit at 13717.50. Bearish Preference: Sell is envisaged if price trades below 13642.15 with take profit at 13623.10. Fundamentals:No Major Fundamentals Comment: Germany stocks were mixed after the close on Monday the first trading day of the new year, as gains in the Retail, …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.12703 with take profit at 1.12256. Alternative scenario: Buy position is envisaged if price trades above 1.13223 with take profit at 1.13699. Fundamentals:ECB President Lagarde Speaks (EUR) 2:45 PM Comment: The common currency benefited from the decision of the European Central Bank (last week) to increase bond purchases to help the weakest economies …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08391 with take profit at 1.08004 Alternative scenario: Buy position is envisaged if price trades above 1.09153 with take profit at 1.09295 Fundamentals:No major economic data with direct bearing on the pair Comment: The Greenback is envisaged to surge higher against the common currencies after it was reported that Germany the Bloc’ biggest …
