Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 2028.08 with take profit at 2035.25. Bearish Preference: Sell position is envisaged if price trades below 2009.34 with take profit at 2002.45. Fundamentals:No major Fundamental Comment: Gold prices are attempting to mark a sixth-consecutive weekly advance with a breakout in XAU/USD surging more than 12.4% off the …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 115.469 with take profit at 115.553. Bearish Preference: A Sell position is envisaged if price trades below 115.339 with take profit at 115.253. Fundamentals:No major Fundamental Comment: The Japanese Yen may get a boost if market-wide risk aversion grips investors amid turbulence in the US$3 trillion leveraged …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1953.22 with take profit at 1956.68. Bearish Preference: Sell position is envisaged if price trades below 1939.76 with take profit at 1935.48. Fundamentals:2:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: European stock markets are expected to open sharply lower Friday amid signs the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1893.66 with take profit at 1898.47 Bearish Preference: Sell position is envisaged if price trades below 1884.50 with take profit at 1880.23. Fundamentals:No major Fundamental. Comment: Gold prices pulled back to $1,892 from an eight-month high of $1,908 during Monday’s APAC mid-day trading session after French …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17717 with take profit at 1.17831. Bearish Preference: Sell position is envisaged if price trades below 1.17529 with take profit at 1.17406. Fundamentals:No major fundamental. Comment: The greenback has been able to maintain its strength despite stocks’ upswing – showing that it is more than …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.54 with take profit at 1809.85. Bearish Preference: Sell position is envisaged if price trades below 1797.86 with take profit at 1794.32. Fundamentals:No major fundamental. Comment: Gold prices fell alongside stocks on Friday as a disappointing US consumer confidence survey from the University of Michigan sent markets scrambling. …
