Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 120.83 with take profit at 121.22 Bearish Preference: Sell position is envisaged if price trades below 119.45 with take profit at 119.04 Fundamentals:No Major Fundamental Comment: Crude oil prices have sustained their recent move higher following news that OPEC+ would increase oil production in July and August …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 86.76 with take profit at 87.04. Bearish Preference: Sell position is envisaged if price trades below 86.19 with take profit at 85.89. Fundamentals:No major fundamental Comment: Crude oil managed to hold onto Friday’s gains as economic data in Asia had some good news in it and …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16398.30 with take profit at 16426.27. Bearish Preference: Sell position is envisaged if price trades below 16333.96 with take profit at 16307.39. Fundamentals:2:30pm USD PPI m/m USD Core PPI m/m3:00pm USD Fed Chair Powell Speaks7:01pm USD 10-y Bond Auction Comment: U.S. stock futures inched higher Tuesday, …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1760.92 with take profit at 1763.18 Bearish Preference: Sell position is envisaged if price trades below 1751.54 with take profit at 1749.31 Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar edged higher Friday ahead of the release of the highly-anticipated …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.04 with take profit at 1800.17. Bearish Preference: Sell position is envisaged if price trades below 1788.29 with take profit at 1786.20. Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: Gold was up on Wednesday morning in Asia. Investors turned towards the safe-haven yellow metal as increasing …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1739.60 with take profit at 1741.60. Bearish Preference: Sell position is envisaged if price trades below 1722.55 with take profit at 1720.55. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: Gold was up on Wednesday morning in Asia …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.77825 with take profit at 0.77938. Bearish Preference: Sell position is envisaged if price trades below 0.77680 with take profit at 0.77564. Fundamentals:2:45pm USD Flash Manufacturing PMI Comment: The Australian dollar came under pressure Wednesday as FOMC minutes mentioned tapering of asset purchases, specifically …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31869 with take profit at 31952. Bearish Preference: Sell position is envisaged if price trades below 31708 with take profit at 31627 Fundamentals:2:30pm USD CPI m/m Comment: News that a $1.9 trillion coronavirus relief package was nearing final approval sparked a spike in yields on Monday, …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 41.01 with take profit at 41.57. Alternative scenario: Sell is in order if price trades below 39.62 with take profit at 38.74. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Technically, price is currently trading bullish and this move will be confirmed if price can break the …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 0.64624 with take profit at 0.65055 Alternative scenario: Sell is in order if price trades below 0.64347 with take profit at 0.63931. Fundamentals:Core Retail Sales m/m (USD) 1:30 pmRetail Sale m/m (USD) 1:30 pmFed Chair Powell Testifies 3:00pm Comment: Technically on the H1 there is …
