Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1741.78 with take profit at 1744.09. Bearish Preference: Sell position is envisaged if price trades below 1733.26 with take profit at 1731.19 Fundamentals:3:00pm USD Fed Chair Powell Speaks Comment: Gold was down on Tuesday morning in Asia as the dollar strengthened, and fresh COVID-19 restrictive measures …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33007 with take profit at 33087. Bearish Preference: Sell position is envisaged if price trades below 32765 with take profit at 32726. Fundamentals:7PM USD FOMC Statement7:30PM USD FOMC Press Conference Comment: Asian stocks fell on Wednesday, tracking Wall Street as investors waited to see if the U.S. …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.30 with take profit at 69.69. Bearish Preference: Sell position is envisaged if price trades below 68.06 with take profit at 67.56. Fundamentals:3:30PM USD Crude Oil Inventories7PM USD FOMC Statement7:30PM USD FOMC Press Conference Comment: Oil prices climbed on Wednesday as investors weighed a recovery …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1731.55 with take profit at 1733.40. Bearish Preference: Sell position is envisaged if price trades below 1727.50 with take profit at 1724.26 Fundamentals:1:30pm USD Core Retail Sales m/m USD Retail Sales m/m Comment: The gold market is clearly expecting the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19239 with take profit at 1.19368. Bearish Preference: Sell position is envisaged if price trades below 1.19098 with take profit at 1.18948 Fundamentals:1:30pm USD Core Retail Sales m/m USD Retail Sales m/m3:00pm USD Business Inventories m/m Comment: Monday’s rebound came ahead of …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24888 with take profit at 1.25356. Bearish Preference: Sell position is envisaged if price trades below 1.24343 with take profit at 1.23797 Fundamentals:No major fundamentals Comment: USD/CAD continued to move lower on Friday, with the market now testing the mid-February 2018 low at 1.2452. We still …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.216 with take profit at 109.320. Bearish Preference: Sell position is envisaged if price trades below 109.039 with take profit at 108.930. Fundamentals:No major fundamental Comment: The Dollar/Yen closed higher on Friday as a spike in U.S. Treasury yields widened the spread against Japanese Government …
Instrument: GOLD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below 1719.50 with take profit at 1714.57. Bullish Preference: Buy position is envisaged if price trades above 1729.42 with take profit at 1736.00. Fundamentals:No major fundamentals Comment: Gold prices erased early gains on Monday as hopes of a faster economic recovery for the U.S got a boost. …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19385 with take profit at 1.19516. Bearish Preference: Sell position is envisaged if price trades below 1.19065 with take profit at 1.18895. Fundamentals:EUR: German WPI m/m (8am)EUR: Eurogroup Meetings (ALL DAY)USD: Empire State Manufacturing Index (1:30 AM) Comment: On Friday, EU reported that Euro Area …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14601.1 with take profit at 14632.5. Bearish Preference: Sell position is envisaged if price trades below 14449.1 with take profit at 14415.2. Fundamentals:No major economic data Comment: DE30 ended bullish yesterday and has currently opened lower during the Asian time this morning due to the mixed …
