Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1839.95 with take profit at 1841.67. Bearish Preference: Sell position is envisaged if price trades below 1835.62 with take profit at 1833.70. Fundamentals:No major fundamental Comment: Gold bulls scored another win last week, with XAU/USD rising nearly a full percentage point, pulling the yellow metal’s …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 87.89 with take profit at 88.23 . Bearish Preference: Sell position is envisaged if price trades below 87.22 with take profit at 86.86. Fundamentals:No major fundamental Comment: The price of oil falls back from a fresh yearly high ($87.10) amid an unexpected rise in US inventories, …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14841.91 with take profit at 14878.24. Bearish Preference: Sell position is envisaged if price trades below 14668.88 with take profit at 14627.36. Fundamentals:5:30pm USD Treasury Sec Yellen Speaks Comment: Stock markets dropped on Friday, following on from a late slump in the U.S. as fears about …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1838.30 with take profit at 1841.45. Bearish Preference: Sell position is envisaged if price trades below 1826.73 with take profit at 1823.75. Fundamentals:5:30pm USD Treasury Sec Yellen Speaks Comment: Gold was down on Friday morning in Asia. However, the yellow metal was on course for …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13414 with take profit at 1.13580. Bearish Preference: Sell position is envisaged if price trades below 1.13147 with take profit at 1.13014. Fundamentals:1:30pm EUR – ECB President Lagarde speaks Comment: The EUR/USD pair quickly reversed an Asian session dip to a near two-week low and shot …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25381 with take profit at 1.25557. Bearish Preference: Sell position is envisaged if price trades below 1.25043 with take profit at 1.24914. Fundamentals:2:30 PM CAD – Core retail salesCAD – Retail sales Comment: The USD/CAD pair maintained its bid tone heading into the European session …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36181 with take profit at 1.36357. Bearish Preference: Sell position is envisaged if price trades below 1.35943 with take profit at 1.35772. Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claims Comment: GBP/USD seems to have gone into a consolidation phase above 1.3600. However, the near-term technical …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1840.02 with take profit at 1843.02. Bearish Preference: Sell position is envisaged if price trades below 1835.64 with take profit at 1832.10. Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claims Comment: Gold was down, on Thursday morning in Asia, with higher U.S. Treasury yields blocking …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13718 with take profit at 1.13830. Bearish Preference: Sell position is envisaged if price trades below 1.13465 with take profit at 1.13347. Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claims Comment: Retreating US bond yields weighed on the USD and assisted EUR/USD to gain traction on …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 35202 with take profit at 35332. Bearish Preference: Sell position is envisaged if price trades below 34816 with take profit at 34702. Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claims Comment: U.S. President Joe Biden predicted on Wednesday that Russia will make a move on Ukraine, …
