Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 30.60 take profit at 31.00 Alternative scenario: Sell at 30.19 with take profit at 29.86 Fundamentals:None Comment: Oil has gained in the last set of days based on optimism from the gradual reduction of lockdown around the world. It’s expected that demand would soar in …
Intraday: Bullish Technical Analysis Preference: A buy if price trades above 1.08524 with take profit at 1.08817 Alternative scenario: Sell at 1.08191 with take profit at 1.07872 Fundamentals:1:30pm US Averag HourlyEarnings m/m Non-Farm Employment Change Unemployment Rate Comment: The U.S. dollar weakened in early European trade Friday as the onslaught of grim economic …
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 …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 29.18 with take profit at 30.20 Alternative scenario: Sell position is envisaged if price trades below 28.30 with take profit at 26.97 Fundamentals:No major economic data expected today Comment: The uptick of Oil is due to the expected supply cut that would be implemented by OPEC …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09209 with take profit at 1.08970 Alternative scenario: Buy position is envisaged if price trades above 1.09494 with take profit at 1.09649 Fundamentals:No major economic data expected today Comment: The statement by the White House pinning blame on China for the outbreak of the novel …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.41555 with take profit at 1.41906 Alternative scenario: Sell position is envisaged if price trades below 1.41094 with take profit at 1.40676 Fundamentals:No major economic data expected today Comment: The pair has established an uptrend on the hourly chart and the continuation will be confirmed once …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08551 with take profit at 1.08184 Alternative scenario: Buy position is envisaged if price trades above 1.08777 with take profit at 1.08911 Fundamentals:EUR Main Refinancing Rate 12:45pmEUR Monetary Policy Statement 12:45pmEUR ECB Press Conference 1:30pmUSD Unemployment Claims 1:30pm Comment: The EURO gains from yesterday quickly …
