Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37102 with take profit at 1.37106. Bearish Preference: Sell position is envisaged if price trades below 1.36775 with take profit at 1.36681. Fundamentals:1PM USD FOMC Member Evans Speaks1:30PM USD Core Durable Goods Orders m/m Durable Goods Orders m/m7:00PM GBP BOE Gov Bailey Speaks Comment: The UK …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.81 with take profit at 74.96. Bearish Preference: Sell position is envisaged if price trades below 74.18 with take profit at 73.93. Fundamentals: 3:30pm USD Crude Oil Inventories Comment: Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S. …
Instrument: US30 Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 35415 with take profit at price 35450. Bearish Preference: A sell position is envisaged if price trades below price 35365 with take profit at price 35330. Fundamentals: No major Fundamentals Comment: U.S. stock futures were flat Tuesday morning amid lingering concerns about the delta variant’s impact on …
Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.84935 with take profit at 0.84992. Bearish Preference: Sell position is envisaged if price trades below 0.84813 with take profit at 0.84748. Fundamentals:No major fundamental. Comment: EUR/GBP remains pointing lower but has been unable to make a strong, confirmed break below 0.8500 despite the chart set-up looking increasingly …
