Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 117.58 with take profit at 118.83. Bearish Preference: Sell position is envisaged if price trades below 112.32 with take profit at 110.28 Fundamentals:No Major Fundamental Comment: Oil prices rose on Thursday in volatile trade following a sharp drop in the previous session as the market contemplated whether major …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 115.469 with take profit at 115.553. Bearish Preference: A Sell position is envisaged if price trades below 115.339 with take profit at 115.253. Fundamentals:No major Fundamental Comment: The Japanese Yen may get a boost if market-wide risk aversion grips investors amid turbulence in the US$3 trillion leveraged …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1944.01 with take profit at 1947.79 . Bearish Preference: Sell position is envisaged if price trades below 1934.65 with take profit at 1929.42. Fundamentals:2:15pm USD ADP Non-Farm Employment Change4PM USD Fed Chair Powell Testifies Comment: Jittery markets once again came to the rescue of gold, helping the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1911.95 with take profit at 1916.44. Bearish Preference: Sell position is envisaged if price trades below 1895.54 with take profit at 1889.88. Fundamentals:No major Fundamental. Comment: We saw last week second largest gold upper wick (denoting intraday reversal) on record. What is remarkable is that this recovery …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15095.8 with take profit at 15143.7. Bearish Preference: Sell position is envisaged if price trades below 15005.5 with take profit at 14968.7. Fundamentals:No major Fundamental. Comment: European stock markets traded sharply lower Monday, continuing last week’s selloff, as the threat of war in Ukraine added to …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.14140 with take profit at 1.14377. Bearish Preference: Sell position is envisaged if price trades below 1.13848 with take profit at 1.13638. Fundamentals:No major Fundamental. Comment: European stock markets are expected to open marginally higher Tuesday, trading in a muted fashion as global investors await the release …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1812.06 with take profit at 1813.59 . Bearish Preference: Sell position is envisaged if price trades below 1808.11 with take profit at 1806.32 . Fundamentals:No Major fundamental Comment: Gold traded modestly higher during Monday’s APAC mid-day trading session following a much stronger-than-expected US nonfarm payrolls report. The …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15264.66 with take profit at 15339.80. Bearish Preference: Sell position is envisaged if price trades below 15131.70 with take profit at 15033.43. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: U.S. stock futures were pointing to a technology-sector-led jump on Wednesday after banner results from Google parent Alphabet …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1806.44 with take profit at 1809.21 . Bearish Preference: Sell position is envisaged if price trades below 18000.90 with take profit at 1798.34. Fundamentals:No major Fundamental Comment: Gold prices are largely unchanged in Tuesday APAC trading after the yellow metal closed out January with a 1.78% …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1789.21 with take profit at 1790.78. Bearish Preference: Sell position is envisaged if price trades below 1784.77 with take profit at 1782.73. Fundamentals:USD 3:45 PM Chicago PMI Comment: Gold extended a four-day losing streak during Monday’s APAC mid-day trading session. Prices have fallen 2.36% last week after …
