Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 109.789 with take profit at price 109.860. Bearish Preference: A sell position is envisaged if price trades below price 109.573 with take profit at price 109.481. Fundamentals:No major fundamental. Comment: The dollar inched down, but traded near a two-month high against the yen, …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 13695.68 with a take profit at price 13714.06. Bearish Preference: A Sell position is envisaged if price trades below price 13623.06 with a take profit at price 13601.76. Fundamentals:No major fundamental. Comment: Rising inflation expectations and robust economic data have seeded divergence among Fed officials. …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1782.11 with a take profit at price 1784.12. Bearish Preference: A Sell position is envisaged if price trades below price 1775.90 with a take profit at price 1773.80. Fundamentals:None with high impact Comment: The price of gold appears to have reverse course ahead of …
