Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.26060 with take profit at 1.26178. Bearish Preference: A Sell position is envisaged if price trades below price 1.25756 with take profit at 1.25636. Fundamentals:3:00pm USD ISM Services PMI6:15pm USD FOMC Member Quarles Speaks Comment: The pair struggled to capitalize on its early positive move and …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16135 with take profit at 1.16248 Bearish Preference: Sell position is envisaged if price trades below 1.15775 with take profit at 1.15651 Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: EUR/USD starts the month in the lower end of the range and …
Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.15914 with take profit at 1.16047. Bearish Preference: A Sell position is envisaged if price trades below price 1.15627 with take profit at 1.15494. Fundamentals:USD 1:30PM Unemployment Claims3PM Fed Chair Powell Testifies Comment: We are facing some serious fundamental threats in the broader financial market at the …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27097 with take profit at 1.27229. Bearish Preference: Sell position is envisaged if price trades below 1.26473 with take profit at 1.26258. Fundamentals:1:30pm CAD Core Retail Sales m/m Retail Sales m/m USD Unemployment Claims2:45PM USD Flash Manufacturing PMI Flash Services PMI Comment: USD/CAD appears to be …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36733 with take profit at 1.36821. Bearish Preference: Sell position is envisaged if price trades below 1.36318 with take profit at 1.36181. Fundamentals: 12:00pm GBP: Asset Purchase Facility MPC Asset Purchase Facility Votes Monetary Policy Summary2:45PM USD Flash Manufacturing PMI Flash Services PMI Comment: The …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17279 with take profit at 1.17374. Bearish Preference: Sell position is envisaged if price trades below 1.17197 with take profit at 1.17076. Fundamentals: No Major Fundamentals Comment: The dollar edged lower in early European trade Tuesday, slipping from a month high, ahead of the start …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38380 with take profit at 1.38485. Bearish Preference: Sell position is envisaged if price trades below 1.38093 with take profit at 1.37987. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The dollar drifted higher Thursday, with traders keeping their powder dry ahead of …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27090 with take profit at 1.27226. Bearish Preference: Sell position is envisaged if price trades below 1.26641 with take profit at 1.26510. Fundamentals: 1:30pm CAD CPI m/m Comment: Tuesday’s softer-than-expected US CPI report suggested that the big surge in inflation this year may have peaked and eased fears …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.95 with take profit at 74.54. Bearish Preference: Sell position is envisaged if price trades below 72.88 with take profit at 72.65. Fundamentals: No major fundamental. Comment: Earlier Last week OPEC decided to increase output by 400,000 barrels per day (bpd) for the month of October, in line with …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.73 with take profit at 1796.07. Bearish Preference: Sell position is envisaged if price trades below 1785.79 with take profit at 1784.04. Fundamentals: No major fundamental. Comment: Gold was down on Monday morning in Asia as the dollar continued to strengthen. Investors now look to U.S. data for …
