Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.36150 with take profit at 1.36364. Bearish Preference: A Sell position is envisaged if price trades below price 1.35633 with take profit at 1.35476. Fundamentals:1:15PM USD ADP Non-Farm Employment Change Comment: The pound has brushed off the weak tone that sent the pair plunging in …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.26060 with take profit at 1.26178. Bearish Preference: A Sell position is envisaged if price trades below price 1.25756 with take profit at 1.25636. Fundamentals:3:00pm USD ISM Services PMI6:15pm USD FOMC Member Quarles Speaks Comment: The pair struggled to capitalize on its early positive move and …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1760.76 with take profit at 1762.30 Bearish Preference: Sell position is envisaged if price trades below 1753.22 with take profit at 1751.34 Fundamentals:3:00pm USD ISM Services PMI6:15pm USD FOMC Member Quarles Speaks Comment: Gold futures were trading lower Tuesday morning, at risk of halting a …
Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.16160 with take profit at 1.16279. Bearish Preference: A Sell position is envisaged if price trades below price 1.15815 with take profit at 1.15706. Fundamentals: 3:00pm USD ISM Services PMI4:00pm EUR ECB President Lagarde Speaks6:15pm USD FOMC Member Quarles Speaks Comment: European stock markets are …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.11 with take profit at 82.40 Bearish Preference: Sell position is envisaged if price trades below 81.01 with take profit at 80.69 Fundamentals:No major fundamental Comment: Oil prices climbed on Tuesday, hitting their highest levels in at least three years, extending gains triggered during the …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 111.281 with take profit at 111.392 Bearish Preference: Sell position is envisaged if price trades below 111.036 with take profit at 110.941 Fundamentals:No major fundamental Comment: The dollar edged lower in early European trade Monday, but remained just below last week’s highs given the ongoing concerns over …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1754.48 with take profit at 1757.43. Bearish Preference: A Sell position is envisaged if price trades below price 1744.02 with take profit at 1741.43. Fundamentals: No major fundamental Comment: The price of gold continues to struggle with a notable level of resistance, despite a slip …
Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.16189 with take profit at 1.16299. Bearish Preference: A Sell position is envisaged if price trades below price 1.15914 with take profit at 1.15792. Fundamentals:No major fundamental Comment: Technically, When EUR/USD broke through the upper side of a descending trend channel, it was unable to …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 79.44 with take profit at 79.64 Bearish Preference: Sell position is envisaged if price trades below 78.53 with take profit at 78.28 Fundamentals:ALL DAY OPEC Meetings Comment: Asian equities were mostly softer today, despite a strong lead from the US on Friday. Uncertainties around Evergrande, …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 111.329 with take profit at 111.449. Bearish Preference: A Sell position is envisaged if price trades below price 111.022 with take profit at 110.944. Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: In light of the recent price action, the potential advance to …
