Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37764 with take profit at 1.37967. Bearish Preference: Sell position is envisaged if price trades below 1.37286 with take profit at 1.37135. Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1796.58 with take profit at 1800.17. Bearish Preference: Sell position is envisaged if price trades below 1781.95 with take profit at 1778.27. Fundamentals:1:30pm USD Core Retail Sales …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.76 with take profit at 71.99. Bearish Preference: Sell position is envisaged if price trades below 70.90 with take profit at 70.63. Fundamentals:No major fundamental Comment: Oil prices were steady on Thursday following two days of gains after a call from the United States, the …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.170 with take profit at 110.248. Bearish Preference: Sell position is envisaged if price trades below 109.982 with take profit at 109.884. Fundamentals:USD 3:00PM: FOMC Member Bostic Speaks JOLTS Job Openings …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.227 with take profit at 109.342. Bearish Preference: Sell position is envisaged if price trades below 109.030 with take profit at 108.877. Fundamentals:No Major Fundamental Comment: The dollar was down on Tuesday morning in Asia, recording losses against the safe-haven Japanese yen. Concerns over the most recent COVID-19 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.50. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Both Brent and WTI futures remained above the $70-mark, and prices were almost unchanged as the week draws …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36616 with take profit at 1.36766. Bearish Preference: Sell position is envisaged if price trades below 1.36025 with take profit at 1.35817. Fundamentals:No major fundamental. Comment: The dollar traded at multi-month highs in Europe Tuesday, continuing to benefit from its safe haven status amid concerns rising Covid-19 …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14620.33 with take profit at 14638.95. Bearish Preference: Sell position is envisaged if price trades below 14517.65 with take profit at 14490.34. Fundamentals:No major fundamental. Comment: US futures contracts on NASDAQ and and stocks in Europe retreated Monday on concerns that the global economic recovery will fizzle …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17979 with take profit at 1.18072. Bearish Preference: Sell position is envisaged if price trades below 1.17700 with take profit at 1.17580. Fundamentals:No major fundamental. Comment: The dollar edged higher in early European trading Monday, maintaining its recent strong tone as rising Covid-19 cases threaten to …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.090 with take profit at 110.222. Bearish Preference: Sell position is envisaged if price trades below 109.681 with take profit at 109.560. Fundamentals:No major fundamental. Comment: Despite rising covid cases in Japan and globally, the government kept its economic assessment unchanged in July, which failed …
