Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1821.00 with take profit at 1830.00 Bearish Preference: Sell position is envisaged if price trades below 1800.00 with take profit at 1790.00 Fundamentals:No major economic data with direct bearing to this commodity. Comment: Gold has seen positive reactions today and this is majorly due to the loss …
Instrument: EURUSD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.17571 with take profit at 1.17234 Alternative scenario: Buy position is envisaged if price trades above 1.17935 with take profit at 1.18407 Fundamentals:No major economic data with bearing on the pair. Comment: The Greenback is envisaged to trade higher due to the release of …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 23709 with take profit at 23865 Alternative scenario: Sell position is envisaged if price trades below 23626 with take profit at 23480. Fundamentals:USD Unemployment Claims 1:30pm Comment: Fundamentally, this instrument has been trading upwards since late last night with investors preparing for the data for …
