Instrument: GBPJPY Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 132.466 with take profit at key level 131.918. Alternative scenario: Buy if price trades above 133.687 with take profit at 134.190. Fundamentals:No major economic data with direct bearing to this pair Comment: This pair has been rejected constantly from a bearish trendline on the …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 121.257 with take profit at key level 121.889. Alternative scenario: Sell if price trades below 120.755 with take profit at 120.574. Fundamentals:German Flash Manufacturing PMI 8:30am (EUR)German Flash Service PMI 8:30am (EUR)French Flash Manufacturing PMI 8:15 am(EUR) Comment: The euro saw a string of positive news this morning …
Intraday: Bearish Technical Analysis Preference: A Sell is in order if prices trade below 133.490 with take profit at 133.071. Alternative scenario: Buy is in order if price trades above 134.344 with take profit at 135.112. Fundamentals:12pm GBP Asset Purchase FacilityMPC Asset Purchase Facility VotesMPC Official Bank Rate VotesMonetary Policy SummaryOfficial Bank Rate Comment: This pair recently got rejected at a monthly key …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 116.657 with take profit at 117.159 Alternative scenario: Sell position is envisaged if price trades below 116.340 with take profit at 115.944 Fundamentals:No major economic data expected today Comment: Technically the instrument look to surge upwards. On the H1 we see that there is a …
Intraday: Bullish Technical Analysis Preference: A Buy position is envisaged if price trades above 107.610 with take profit at 107.900 Alternative scenario: Sell position is envisaged if price trades below 107.557 with take profit at 107.348 Fundamentals:Core CPI m/m (USD) 1:30 pmCPI m/m (USD) 1:30 pm Comment: The JPY has seen steady decline against other major currency pair, and …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 116.231 with take profit at 116.733 Alternative scenario: Sell position is envisaged if price trades below 115.881 with take profit at 115.038 Fundamentals:No major economic data expected today Comment: The common currency is envisaged to continue its recent recovery against the Yen in the session …
