Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1756.45 with take profit at 1758.20 Bearish Preference: Sell position is envisaged if price trades below 1750.98 with take profit at 1749.42 Fundamentals:4pm USD CB Consumer Confidence Comment: Gold prices fell below a key support level on Tuesday after hawkish comments from Federal Reserve officials brewed some uncertainty over …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26944 with take profit at 1.27123 Bearish Preference: Sell position is envisaged if price trades below 1.26288 with take profit at 1.25959 Fundamentals:3 PM CB Consumer Confidence Comment: The Canadian dollar rose to its highest level in more than five-weeks against the greenback on Monday, as …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34537 with take profit at 34593 Bearish Preference: Sell position is envisaged if price trades below 34443 with take profit at 34403 Fundamentals:No major Fundamental. Comment: The Dow Jones is in better shape as far as last week’s low holding, with it clocking in down at 34190. …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 155.462 with take profit at 155.657 Bearish Preference: Sell position is envisaged if price trades below 155.032 with take profit at 154.832 Fundamentals:1pm GBP Asset Purchase Facility GBP BOE Monetary Policy Report GBP MPC Asset Purchase Facility Votes GBP …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16127 with take profit at 1.16198. Bearish Preference: Sell position is envisaged if price trades below 1.15983 with take profit at 1.15909. Fundamentals:No major fundamental Comment: The safe haven US Dollar has recently lost momentum against major currency pairs as fundamentals continue to weigh on …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1754.48 with take profit at 1757.43. Bearish Preference: A Sell position is envisaged if price trades below price 1744.02 with take profit at 1741.43. Fundamentals: No major fundamental Comment: The price of gold continues to struggle with a notable level of resistance, despite a slip …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1756.96 with take profit at 1759.55. Bearish Preference: Sell position is envisaged if price trades below 1748.91 with take profit at 1746.29. Fundamentals: No Major Fundamentals Comment: Gold was down on Monday morning in Asia, hitting a more than five-week low. Meanwhile, the dollar strengthened and investors await …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36616 with take profit at 1.36766. Bearish Preference: Sell position is envisaged if price trades below 1.36025 with take profit at 1.35817. Fundamentals:No major fundamental. Comment: The dollar traded at multi-month highs in Europe Tuesday, continuing to benefit from its safe haven status amid concerns rising Covid-19 …
