Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1823.61 with take profit at 1825.84. Bearish Preference: Sell position is envisaged if price trades below 1820.40 with take profit at 1818.08. Fundamentals:No major fundamental Comment: Gold held steadily during Monday’s APAC session after gaining 1.6% over the past week. A slew of upbeat economic …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.29 with take profit at 85.61. Bearish Preference: Sell position is envisaged if price trades below 83.83 with take profit at 83.35. Fundamentals:No major fundamental Comment: Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.57 with take profit at 85.28 . Bearish Preference: Sell position is envisaged if price trades below 82.86 with take profit at 82.16. Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil prices hit two-month highs on Wednesday on tight supply and easing concerns about the potential hit to demand …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36042 with take profit at 1.36200. Bearish Preference: Sell position is envisaged if price trades below 1.35736 with Take Profit at 1.35630 . Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: U.K. retail sales jumped in December, growing 4.6% compared with December 2019, the British Retail Consortium …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.90 with take profit at 83.42. Bearish Preference: Sell position is envisaged if price trades below 82.20 with take profit at 81.74. Fundamentals:No Major Fundamental Comment: Oil is continuing to push higher as traders price in a modest economic impact from omicron. The OPEC+ meeting this …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13056 with take profit at 1.13140. Bearish Preference: Sell position is envisaged if price trades below 1.12944 with take profit at 1.12869. Fundamentals:9:00pm EUR Spanish Unemployment Change4:00pm USD ISM Manufacturing PMI USD JOLTS Job Openings Comment: The U.S. dollar pushed …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1825.93 with take profit at 1827.78 . Bearish Preference: Sell position is envisaged if price trades below 1821.44 with take profit at 1819.59 . Fundamentals:No Major Fundamental Comment: With higher vaccine efficacy shown by the Johnson & Johnson offering, the seriousness of the Omicron variant has …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16442.78 with take profit at 16461.11 . Bearish Preference: Sell position is envisaged if price trades below 16368.34 with take profit at 16347.05. Fundamentals:No Major Fundamental Comment: U.S. stock-index futures rose Sunday, indicating a positive start for Wall Street on the first trading day of …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1824.48 with take profit at 1827.00. Bearish Preference: Sell position is envisaged if price trades below 1813.47 with take profit at 1811.45. Fundamentals:No Major Fundamental Comment: The yellow metal has fallen 4% so far in 2021 and is on track for its biggest annual decline since …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13271 with take profit at 1.13369. Bearish Preference: Sell position is envisaged if price trades below 1.13092 with take profit at 1.12997. Fundamentals:No Major Fundamental Comment: The dollar edged higher in early European trade Thursday, but remained near the bottom of its recent range in …
