Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22114 with take profit at 1.22256. Bearish Preference: Sell position is envisaged if price trades below 1.21846 with take profit at 1.21700. Fundamentals:1:30PM USD Prelim GDP q/q Comment: The dollar edged higher in early European trade Thursday, finding support from comments suggesting the Federal Reserve will soon have …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21157 with take profit at 1.21273. Bearish Preference: Sell position is envisaged if price trades below 1.20977 with take profit at 1.20852. Fundamentals:1:30PM USD Prelim GDP q/q USD Unemployment Claims3:30pm USD Pending Home Sales m/m Comment: Oil prices fell on Thursday but stayed within …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1904.67 with take profit at 1908.70. Bearish Preference: Sell position is envisaged if price trades below 1896.20 with take profit at 1892.4. Fundamentals:1:30PM USD Prelim GDP q/q USD Unemployment Claims3:30pm USD Pending Home Sales m/m Comment: Investors continue to monitor how the U.S. Federal …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13748.39 with take profit at 13775.25. Bearish Preference: Sell position is envisaged if price trades below 13673.30 with take profit at 13647.72. Fundamentals:None with high impact. Comment: U.S. stocks closed slightly lower on Tuesday, and each of Wall Street’s main indexes failed to stray far from the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.58 with take profit at 68.85. Bearish Preference: Sell position is envisaged if price trades below 67.63 with take profit at 67.39. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil traded in a narrow range early today, supported by optimism about improving U.S. fuel demand and a …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22849 with take profit at 1.23051. Bearish Preference: Sell position is envisaged if price trades below 1.22357 with take profit at 1.22149. Fundamentals:9:00am EUR German ifo Business Climate3:00pm USD CB Consumer Confidence Comment: The dollar weakened in early European trade Tuesday, with Federal Reserve officials keen …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13506 with take profit at 13523.16. Bearish Preference: Sell position is envisaged if price trades below 13449.70 with take profit at 13427.31. Fundamentals:No major fundamental. Comment: The technology sector extended higher towards the end of the week as investors cheered a decent jobless claims report and cooling inflationary …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21986 with take profit at 1.22088. Bearish Preference: Sell position is envisaged if price trades below 1.21862 with take profit at 1.21758. Fundamentals:ALL DAY: EUR. French Bank Holiday Comment: The Euro has a mostly positive turn through the middle of May, even if the headline stats don’t appear …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1891.43 with take profit at 1895.38. Bearish Preference: Sell position is envisaged if price trades below 1876.39 with take profit at 1872.23. Fundamentals:No major fundamental Comment: Global markets were quite choppy this past week. This could follow signs of deteriorating risk appetite judging by recent performance of …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13563.26 with take profit at 13587.05. Bearish Preference: Sell position is envisaged if price trades below 13486.18 with take profit at 13460.77. Fundamentals:2:45 PM USD Flash Manufacturing PMI Comment: U.S. stocks are seen opening marginally higher Friday, continuing the previous session’s rebound ahead of …
