Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1908.18 with take profit at 1912.17. Bearish Preference: Sell position is envisaged if price trades below 1897.29 with take profit at 1893.15. Fundamentals:2:30pm USD Core PCE Price Index m/m Comment: Gold had a frenetic session overnight, trading in a nearly USD 100 range, rising from USD 1910.00 …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1900.83 with take profit at 1903.39. Bearish Preference: Sell position is envisaged if price trades below 1884.85 with take profit at 1878.01. Fundamentals:None with high impact on the commodity Comment: Right now, Gold prices are trading sideways in a tight range, which ultimately indicates a big move …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1829.40 with take profit at 1831.40 Bearish Preference: Sell position is envisaged if price trades below 1818.27 with take profit at 1816.27 Fundamentals:2:30pm USD PPI m/m USD Core PPI m/m3:00pm USD Fed Chair Powell Speaks7:01pm USD 10-y Bond Auction Comment: A lower US dollar overnight …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.24708 with take profit at 1.24876. Bearish Preference: A Sell position is envisaged if price trades below price 1.24375 with take profit at 1.24172. Fundamentals:3:00pm USD JOLTS Job Openings4:15pm USD FOMC Member Clarida Speaks6:01pm USD 10-y Bond Auction Comment: The USD/CAD pair spent the Asian …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38380 with take profit at 1.38485. Bearish Preference: Sell position is envisaged if price trades below 1.38093 with take profit at 1.37987. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The dollar drifted higher Thursday, with traders keeping their powder dry ahead of …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.26672 with take profit at price 1.26793. Bearish Preference: A sell position is envisaged if price trades below price 1.26318 with take profit at price 1.26193. Fundamentals: 1:30pm USD CPI m/m USD Core CPI m/m Comment: USD/CAD bears take a breather following …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 110.164 with take profit at price 110.227. Bearish Preference: A sell position is envisaged if price trades below price 110.053 with take profit at price 109.988. Fundamentals: No major fundamental. Comment: Last Friday, we held the view that ‘the weakness in USD could PUSH ABOVE 109.50 first …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1815.37 with take profit at 1816.92. Bearish Preference: Sell position is envisaged if price trades below 1811.27 with take profit at 1809.72. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI Comment: Gold, like the currency markets, appears to be in wait-and-see mode… gold’s …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21157 with take profit at 1.21273. Bearish Preference: Sell position is envisaged if price trades below 1.20977 with take profit at 1.20852. Fundamentals:1:30PM USD Prelim GDP q/q USD Unemployment Claims3:30pm USD Pending Home Sales m/m Comment: Oil prices fell on Thursday but stayed within …
