Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1824.38 with take profit at 1827.88. Bearish Preference: Sell position is envisaged if price trades below 1813.55 with take profit at 1811.15. Fundamentals:2:30pm USD Core CPI Comment: Gold was up on Wednesday morning in Asia. Investors shifted their focus to U.S. inflation data for interest rate …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16625.11 with take profit at 16677.47. Bearish Preference: Sell position is envisaged if price trades below 16513.45 with take profit at 16451.94. Fundamentals:No Major Fundamental Comment: As the worst fears of the impact of the new variant have subsided, investors have been returning to risk assets. …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13460 with take profit at 1.13585. Bearish Preference: Sell position is envisaged if price trades below 1.13165 with take profit at 1.13035. Fundamentals:2:15pm USD ADP Non-Farm Employment Change4:00pm USD Fed Chair Powell TestifiesUSD ISM Manufacturing PMI Comment: European stock markets are expected to open higher …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1860.51 with take profit at 1862.69. Bearish Preference: Sell position is envisaged if price trades below 1850.77 with take profit at 1848.45 . Fundamentals:None with high impact on the commodity Comment: Gold was up on Wednesday morning in Asia but remained near a recent low as …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15757 with take profit at 1.15879. Bearish Preference: Sell position is envisaged if price trades below 1.15441 with take profit at 1.15370. Fundamentals:EUR French Bank Holiday Italian Bank HolidayUSD 3:00pm ISM Manufacturing PMI Comment: EUR/USD remains sidelined around 1.1550, following the heaviest daily …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18121 with Take profit at 1.18235. Bearish Preference: Sell position is envisaged if price trades below 1.17897 with take profit at 1.17789. Fundamentals:No major fundamental. Comment: A late Friday surge as Powell’s much anticipated Jackson Hole speech, failed to provide a notable signal for tapering, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39281 with take profit at 1.39434. Bearish Preference: Sell position is envisaged if price trades below 1.38951 with take profit at 1.38793. Fundamentals:GBP 12:30PM Asset Purchase Facility BOE Monetary Policy Report …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1816.53 with take profit at 1819.57. Bearish Preference: Sell position is envisaged if price trades below 1803.15 with take profit at 1799.32. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: Gold was up on Wednesday morning in Asia after hitting a three-week high during the previous session. A weakening …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14762.75 with take profit at 14781.51. Bearish Preference: Sell position is envisaged if price trades below 14703.52 with take profit at 14684.73. Fundamentals:3:00pm USD ISM Services PMI Comment: The U.S. economy is booming, but this is now a known and asset markets reflect it. What isn’t so clear …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1780.02 with take profit at 1782.27. Bearish Preference: Sell position is envisaged if price trades below 1771.91 with take profit at 1769.54. Fundamentals:USD 1:30 PM Unemployment Claims 3:30 PM ISM Manufacturing PMI Comment: The dollar was headed for its biggest monthly rise …
