Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13872.62 with take profit at 13898.26 Bearish Preference: Sell position is envisaged if price trades below 13800.52 with take profit at 13769.51. Fundamentals:None with high impact on the index. Comment: Major averages closed near the flatline on Tuesday as stocks remained range bound near record …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22022 with take profit at 1.22131. Bearish Preference: Sell position is envisaged if price trades below 1.21796 with take profit at 1.21688. Fundamentals:USD 1:15PM ADP Non-Farm Employment Change 1:30PM Unemployment Claims Comment: EUR/USD sheds ground for the third consecutive session …
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: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1879.92 with take profit at 1883.16. Bearish Preference: Sell position is envisaged if price trades below 1861.99 with take profit at 1855.89. Fundamentals:USD 2:45 PM Flash Manufacturing PMI Comment: Gold was down on Friday morning in Asia as an improving economic outlook broadened investors’ …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34428 with take profit at 34504. Bearish Preference: Sell position is envisaged if price trades below 34294 with take profit at 34190. Fundamentals:No Major Fundamental Comment: Futures contracts tied to the major U.S. stock indexes rebounded on Tuesday from modest losses in the prior session …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.21474 with take profit at 1.21711. Bearish Preference: Sell is envisaged if price trades below 1.21036 with take profit at 1.20858. Fundamentals:USD 1:30 PM Unemployment Claims Comment: The dollar jumped Wednesday, riding the sharp upswing in U.S. bond yields following a red-hot inflation report for April that …
