Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36947 with take profit at 1.37130. Bearish Preference: Sell position is envisaged if price trades below 1.36675 with take profit at 1.36483. Fundamentals: No Major Fundamentals Comment: The safe-haven dollar is taking a breather from gains as investors seem less fearful about the fate of …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15349.43 with take profit at 15366.71. Bearish Preference: Sell position is envisaged if price trades below 15279.49 with take profit at 15263.05. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: Investors have turned more positive on the outlook since the U.S. Food and Drug Administration fully …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26313 with take profit at 1.26469. Bearish Preference: Sell position is envisaged if price trades below 1.25969 with take profit at 1.25840. Fundamentals:1:30pm USD Core Durable Goods Orders m/m3:30pm USD Crude Oil …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.12 with take profit at 70.27. Bearish Preference: Sell position is envisaged if price trades below 69.68 with take profit at 69.56. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil was up Wednesday morning in Asia, even as it recorded a fifth day of declines. The fuel …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 35023 with take profit at 35055. Bearish Preference: Sell position is envisaged if price trades below 34931 with take profit at 34900. Fundamentals:No Major Fundamental Comment: The Dow jones started the week with a dip as fuel demand worries during a resurgent pandemic sent energy stocks lower but …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.50. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Both Brent and WTI futures remained above the $70-mark, and prices were almost unchanged as the week draws …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25534 with take profit at 1.25724. Bearish Preference: Sell position is envisaged if price trades below 1.25134 with take profit at 1.24982. Fundamentals:1:30 PM USD Unemployment Claims Philly Fed …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.69 with take profit at 74.95. Bearish Preference: Sell position is envisaged if price trades below 74.09 with take profit at 73.86. Fundamentals:No major fundamental. Comment: Crude oil prices pulled back slightly during Monday’s APAC mid-day session after rising 3.5% over the last two days. The emergence …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.41 with take profit at 75.61. Bearish Preference: Sell position is envisaged if price trades below 74.77 with take profit at 74.53. Fundamentals:None with a high impact on the commodity. Comment: Oil was mixed Wednesday morning in Asia, but remained above the $73 mark, as a production dispute between …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1780.02 with take profit at 1782.27. Bearish Preference: Sell position is envisaged if price trades below 1771.91 with take profit at 1769.54. Fundamentals:USD 1:30 PM Unemployment Claims 3:30 PM ISM Manufacturing PMI Comment: The dollar was headed for its biggest monthly rise …
