Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1840.46 with take profit at 1842.43 . Bearish Preference: Sell position is envisaged if price trades below 1835.99 with take profit at 1833.84. Fundamentals:4:00pm USD CB Consumer Confidence Comment: Gold futures are edging lower on Tuesday, as concerns about a faster pace of policy tightening by …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13414 with take profit at 1.13580. Bearish Preference: Sell position is envisaged if price trades below 1.13147 with take profit at 1.13014. Fundamentals:1:30pm EUR – ECB President Lagarde speaks Comment: The EUR/USD pair quickly reversed an Asian session dip to a near two-week low and shot …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15855.6 with take profit at 15890.6. Bearish Preference: Sell position is envisaged if price trades below 15731.0 with take profit at 15695.9. Fundamentals:No major Fundamental Comment: The German DAX traded higher on Monday after it hit support near 15100 on Friday. That said, the recovery …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.37 with take profit at 75.79. Bearish Preference: Sell position is envisaged if price trades below 74.17 with take profit at 73.79. Fundamentals:No major fundamental. Comment: Crude oil fell over 13% on Friday after the World Health Organisation (WHO) verified a new strain of Covid-19 …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.88 with take profit at 1800.02. Bearish Preference: Sell position is envisaged if price trades below 1789.49 with take profit at 1787.65. Fundamentals:U.S ZONE: Pending Home Sales m/m (4PM) Comment: Gold was up on Monday morning in Asia, with concerns over the impact of the possibly …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34172 with take profit at 1.34318 Bearish Preference: Sell position is envisaged if price trades below 1.33755 with take profit at 1.33605 Fundamentals:3:45pm USD Flash Manufacturing PMIUSD Flash Services PMI Comment: On the other side of the US Dollar, GBP/USD could possibly hold some allure …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1868.78 with take profit at 1870.79. Bearish Preference: Sell position is envisaged if price trades below 1855.48 with take profit at 1852.81. Fundamentals:No major fundamental Comment: Gold blasted through $1835 resistance yesterday after US October CPI recorded the highest print in over 30 years. While the …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1754.48 with take profit at 1757.43. Bearish Preference: A Sell position is envisaged if price trades below price 1744.02 with take profit at 1741.43. Fundamentals: No major fundamental Comment: The price of gold continues to struggle with a notable level of resistance, despite a slip …
Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.16189 with take profit at 1.16299. Bearish Preference: A Sell position is envisaged if price trades below price 1.15914 with take profit at 1.15792. Fundamentals:No major fundamental Comment: Technically, When EUR/USD broke through the upper side of a descending trend channel, it was unable to …
Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 130.019 with take profit at 130.141. Bearish Preference: Sell position is envisaged if price trades below 129.704 with take profit at 129.572. Fundamentals: 12:45 EUR ZONE: ECB President Lagarde Speaks Comment: EUR/JPY last week saw a decent rebound from the 127.94 August low. Downtrend at 130.05 …
