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: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.66 with take profit at 67.94. Bearish Preference: Sell position is envisaged if price trades below 66.99 with take profit at 66.69. Fundamentals:3:30 pm USD Crude Oil Inventories Comment: Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases …
Instrument: EURGBP Technical Analysis Bullish Preference: Buy is envisage if price trades above 0.86353 with take profit at 0.86470. Bearish Preference: Sell is envisaged if price trades below 0.86007 with take profit at 0.85895. Fundamentals:None with high impact. Comment: The EUR/GBP cross edged lower through the first half of the European session and dropped to fresh one-month-lows, around the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13290.50 with take profit at 13315.68. Bearish Preference: Sell position is envisaged if price trades below 13127.36 with take profit at 13099.50. Fundamentals:No major fundamental. Comment: The stocks markets are seen flat since the start of the week and weakening at the open Tuesday, following …
Instrument: CADJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 89.918 with take profit at price 90.068. Bearish Preference: A sell position is envisaged if price trades below price 89.625 with take profit at price 89.427. Fundamentals:No major fundamental. Comment: CAD/JPY rates have maintained their uptrend from the March and November 2020 lows unlike …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13598.65 with take profit at 13633.55. Bearish Preference: Sell position is envisaged if price trades below 13503.00 with take profit at 13462.93. Fundamentals:No Major fundamentals Comment: There are worries that President Joe Biden’s $2.3 billion capital-gains tax proposal may be on the rise, particularly after …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38808 with take profit at 1.38938. Bearish Preference: Sell position is envisaged if price trades below 1.38590 with take profit at 1.38473. Fundamentals:None with high Impact Comment: The Federal Reserve Chair Jerome Powell made his best efforts to say price rises are temporary. On the other hand, …
Instrument: EURGBP Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 0.87011 with take profit at price 0.87089. Bearish Preference: A sell position is envisaged if price trades below price 0.86902 with take profit at price 0.86821. Fundamentals:None with high Impact Comment: Good news largely in the price for GBP with the UK’s vaccine advantage …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24888 with take profit at 1.25356. Bearish Preference: Sell position is envisaged if price trades below 1.24343 with take profit at 1.23797 Fundamentals:No major fundamentals Comment: USD/CAD continued to move lower on Friday, with the market now testing the mid-February 2018 low at 1.2452. We still …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.90 with take profit at 68.27. Bearish Preference: Sell position is envisaged if price trades below 66.56 with take profit at 66.05 Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories …
