Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1859.92 with take profit at 1862.80 Bearish Preference: Sell position is envisaged if price trades below 1850.56 with take profit at 1847.86 Fundamentals:No Major Fundamental Comment: Gold prices are attempting to close a four-day advance with XAU/USD rallying alongside equities today. The recovery off downtrend support is now …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.90 with take profit at 110.17 Bearish Preference: Sell position is envisaged if price trades below 108.91 with take profit at 108.66 Fundamentals:No Major Fundamental Comment: Crude oil prices remain in a fairly consolidative state. A bearish Evening Star candlestick pattern formed last week, offering a preliminary reversal …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.08012 with take profit at 1.08147 Bearish Preference: Sell position is envisaged if price trades below 1.07826 with take profit at 1.07668 Fundamentals:No major Fundamental. Comment: European stock markets weakened Tuesday, with investors focusing on developments in Ukraine as Russia intensifies its assault in the east of the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.09230 with take profit at 1.09328 Bearish Preference: Sell position is envisaged if price trades below 1.08977 with take profit at 1.08854 Fundamentals:1:30pm USD Core Retail Sales m/m USD Retail Sales m/m USD Unemployment …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1946.94 with take profit at 1948.38 Bearish Preference: Sell position is envisaged if price trades below 1940.27 with take profit at 1937.50 Fundamentals:No major fundamentals Comment: Gold prices (XAU/USD) rose 0.7% to ~1,945$ for the week, despite broad-based U.S. dollar gains and soaring rates. Over the five-day period, the …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13369.9 with take profit at 13459.2. Bearish Preference: Sell position is envisaged if price trades below 13115.8 with take profit at 13019.7. Fundamentals:No major Fundamental Comment: Plummeting stocks, soaring commodity prices, and tightening global financial conditions following Russia’s invasion of Ukraine are clouding the outlook for markets …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 2028.08 with take profit at 2035.25. Bearish Preference: Sell position is envisaged if price trades below 2009.34 with take profit at 2002.45. Fundamentals:No major Fundamental Comment: Gold prices are attempting to mark a sixth-consecutive weekly advance with a breakout in XAU/USD surging more than 12.4% off the …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1897.66 with take profit at 1903.35 . Bearish Preference: A Sell position is envisaged if price trades below 1887.13 with take profit at 1881.92 . Fundamentals:3:45pm USD Flash Manufacturing PMIUSD Flash Services PMI4:00pm USD CB Consumer Confidence Comment: GOLD has bounced due to risk off …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 156.458 with take profit at 156.744. Bearish Preference: Sell position is envisaged if price trades below 155.844 with take profit at 155.456. Fundamentals:No major Fundamental. Comment: First, We look at the daily chart and you can see two things: Major support and major resistance. The latter …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35218 with take profit at 1.35402. Bearish Preference: Sell position is envisaged if price trades below 1.34875 with take profit at 1.34663. Fundamentals: No major Fundamental. Comment: GBP/USD trades around the 1.3515 level at the time of writing, coming off a half a percentage point on Friday …
