Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1816.33 with take profit at 1818.02. Bearish Preference: Sell position is envisaged if price trades below 1811.95 with take profit at 1810.23 . Fundamentals:None with high impact on the commodity Comment: Gold was down on Wednesday morning in Asia and was near the one-week low …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15855.6 with take profit at 15890.6. Bearish Preference: Sell position is envisaged if price trades below 15731.0 with take profit at 15695.9. Fundamentals:No major Fundamental Comment: The German DAX traded higher on Monday after it hit support near 15100 on Friday. That said, the recovery …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.989 with take profit at 115.134. Bearish Preference: Sell position is envisaged if price trades below 114.843 with take profit at 114.694. Fundamentals:3:45pm USD Flash Manufacturing PMIUSD Flash Services PMI Comment: The dollar hit a new four-and-a-half year high against the yen following Monday’s solid gains …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1868.78 with take profit at 1870.79. Bearish Preference: Sell position is envisaged if price trades below 1855.48 with take profit at 1852.81. Fundamentals:No major fundamental Comment: Gold blasted through $1835 resistance yesterday after US October CPI recorded the highest print in over 30 years. While the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15992 with take profit at 1.16141. Bearish Preference: Sell position is envisaged if price trades below 1.15812 with take profit at 1.15691. Fundamentals:11:00am EUR ZEW Economic SentimentEUR German ZEW Economic Sentiment2:00pm EUR ECB President Lagarde Speaks2:30pm USD PPI m/m USD Core PPI m/m3:00pm USD Fed …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15916.83 with take profit at 15935.31. Bearish Preference: Sell position is envisaged if price trades below 15833.76 with take profit at 15808.65. Fundamentals:No major fundamental Comment:Stock futures were mildly lower in early morning trading on Tuesday after the S&P 500 eked out a fresh record …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1806.86 with take profit at 1809.16. Bearish Preference:Sell position is envisaged if price trades below 1798.57 with take profit at 1796.27. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: Gold was down on Tuesday morning in Asia. The dollar, which usually moves inversely to gold, …
Instrument: USDCHF Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.93128 with take profit at 0.93202. Bearish Preference: A Sell position is envisaged if price trades below price 0.92861 with take profit at 0.92782. Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar was up on Friday morning in Asia. However, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.57 with take profit at 82.96 Bearish Preference: Sell position is envisaged if price trades below 81.53 with take profit at 81.25 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+’s refusal to ramp …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35565 with take profit at 1.35689 Bearish Preference: Sell position is envisaged if price trades below 1.35127 with take profit at 1.35011 Fundamentals:4:45pm GBP BOE Gov Bailey SpeaksUSD Fed Chair Powell Speaks Comment: The dollar edged lower in early European trade Wednesday, but remained near …
