Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1729.67 with take profit at 1732.26 Bearish Preference: Sell position is envisaged if price trades below 1723.79 with take profit at 1721.42 Fundamentals:3:00 pm USD: CB Consumer Confidence Comment:The price of gold may continue to consolidate ahead of the Federal Open Market Committee (FOMC) rate decision …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above1.20708 with take profit at 1.20975 Bearish Preference: Sell position is envisaged if price trades below 1.19966 with take profit at 1.19631 Fundamentals:4 PM BOE Gov Bailey Speaks Comment: The number of people claiming jobless benefits fell by 20,000 in June, less than expected, while average earnings growth slowed …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 102.66 with take profit at 103.11 Bearish Preference: Sell position is envisaged if price trades below 101.67 with take profit at 101.07 Fundamentals:No major Fundamental. Comment: Oil prices slumped to about two-week lows on Monday, extending losses from last week, as concerns grew that prolonged COVID-19 lockdowns …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades 1.32378 above with take profit at 1.32491. Bearish Preference: Sell position is envisaged if price trades below 1.32189 with take profit at 1.32082. Fundamentals:6:00pm GBP Bank Stress Test Results6:30pm GBP BOE Gov Bailey Speaks Comment: The British Pound has been abysmally weak of recent as one …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1742.72 with take profit at 1744.94. Bearish Preference: A Sell position is envisaged if price trades below price 1735.66 with take profit at 1732.75. Fundamentals:4:45pm USD Fed Chair Powell Speaks Comment: Gold was up on Wednesday morning in Asia, remaining near a seven-week low. A …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.594 with take profit at 110.738. Bearish Preference: Sell position is envisaged if price trades below 110.234 with take profit at 110.108. Fundamentals: USD 3:00 pm Fed Chair Powell Speaks Comment: USD/JPY took a breather on Friday after jumping more than 80-pips in the overnight …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1819.23 with take profit at 1821.87. Bearish Preference: Sell position is envisaged if price trades below 1809.52 with take profit at 1807.23 Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Manufacturing PMI Comment: Gold was down on Wednesday morning in Asia. Investors continued their cautious …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22136 with take profit at 1.22270. Bearish Preference: Sell position is envisaged if price trades below 1.22021 with take profit at 1.21915. Fundamentals:No Major Fundamentals Comment: European stock markets traded higher Tuesday, helped by promises of continued Federal Reserve largesse along with better than expected U.K. …
