Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.21237 with a take profit at 1.21895. Bullish Preference: A Sell position is envisaged if price trades below price 1.20399 with take profit at price 1.20090. Fundamentals:EUR: Final Manufacturing PMI (10:00am)EUR: Italian Prelim CPI m/m (11am)USD: FOMC Member Williams Speaks (3pm)USD: Final Manufacturing …
Instrument: OIL Technical Analysis Bearish Preference: Sell is envisaged if price trades below 63.52 with take profit at 62.00. Bullish Preference: Buy is envisaged if price trades above 66.20 with take profit at 67.67. Fundamentals:None with major impact Comment: Energy prices has seen a steady increase as demand for energy increased due to the lifting of the lock down in …
Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.25468 with take profit at 1.25020. Bullish Preference: Buy is envisaged if price trades above 1.26104 with take profit at 1.26440. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: The Loonie has seen steady gains on the buck as the efficacy of the vaccines improves the hopes …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above price 105.572 with take profit at 105.649. Bearish Preference: A Sell position is envisaged if price trades below 105.313 with a take profit at 105.155. Fundamentals:JPY 6:30pm M2 Money Stock Comment: The U.S. jobs report for January, released on Friday, showed that fewer jobs were …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisaged if price trades above 55.35 with take profit at 55.98. Bearish Preference: Sell is envisaged if price trades below 54.52 with take profit at 54.04. Fundamentals:No Fundamentals. Comment: Oil prices saw a surge last week, and we can attribute that to the rise in vaccine distribution, we expect prices to cool …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1834.07 with take profit at 1843.00. Bearish Preference: Sell is envisaged if price trades below 1828.94 with take profit at 1824.57. Fundamentals:No Fundamentals Comment: Technically we see that Gold has been on a sell binge on the H1, but at the moment price is close to a …
Instrument: USDCAD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.32640 with take profit at key level 1.32457. Alternative scenario: Buy if price trades above 1.32805 with take profit at 1.33044. Fundamentals:Fed Chair Powell Speaks (USD) 3:40 pm Comment: Technically on the H1 we see the instrument is trading around a strong resistance and …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades above 39.23 with take profit at key level 38.89. Alternative scenario: Buy if price trades above 39.63 with take profit at 40.04. Fundamentals:No major economic data with bearing on the commodity. Comment: Energy prices has been tanking and this can be due to the fact …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 39.62 with take profit at 39.32 Alternative scenario: Buy when price trades above 40.22 with take profit 40.54 Fundamentals:No Fundamentals. Comment: Oil prices declined as there is a strong decline in demand for crude oil products. Prices have been pushing lower and it is …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 43.79 with take profit at 43.39 Alternative scenario: Buy position is envisaged if price trades above 44.00 with take profit at 44.30 Fundamentals:No fundamental with direct impact on the instrument Comment: The Oil market sold yesterday and the general trend of the instrument seems …
