Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.45 with take profit at 83.66 Bearish Preference: Sell position is envisaged if price trades below 82.91 with take profit at 82.74 Fundamentals:None with high impact on this commodity. Comment: Outbreaks of coronavirus infections in China and record deaths and the threat of lockdowns in …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.63 with take profit at 70.85. Bearish Preference: Sell position is envisaged if price trades below 69.68 with take profit at 69.43. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices nudged lower on Wednesday, taking …
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: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.426 with take profit at 109.592. Bearish Preference: Sell position is envisaged if price trades below 109.009 with take profit at 108.846. Fundamentals:1:30pm USD Core Retail Sales m/m …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.53 with take profit at 70.34. Bearish Preference: Sell position is envisaged if price trades below 67.84 with take profit at 67.19. Fundamentals:No major fundamental. Comment: Oil was up Tuesday morning in Asia, but Brent oil futures and WTI futures both remaining below the $70 …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.64 with take profit at 73.88. Bearish Preference: Sell position is envisaged if price trades below 72.88 with take profit at 72.63. Fundamentals:None with high impact. Comment: Oil was up Friday morning in Asia, but was headed towards the biggest weekly decline since mid-March 2021. Worsening …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19114 with take profit at 1.19228. Bearish Preference: Sell position is envisaged if price trades below 1.18924 with take profit at 1.18817. Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21009 with take profit at 1.21147. Bearish Preference: Sell position is envisaged if price trades below 1.20709 with take profit at 1.20567. Fundamentals:1:30pm CAD Core Retail Sales m/m CAD Retail Sales m/m2:45pm USD Flash …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if price trades below 31.76 with take profit at 30.74 * Alternative scenario: A Buy position is envisaged if price trades above 32.34 with take profit at 33.08 * Fundamentals:No major economic data with direct bearing on the currency pair Comment: OPEC agreed over Easter to cut …
