Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37102 with take profit at 1.37106. Bearish Preference: Sell position is envisaged if price trades below 1.36775 with take profit at 1.36681. Fundamentals:1PM USD FOMC Member Evans Speaks1:30PM USD Core Durable Goods Orders m/m Durable Goods Orders m/m7:00PM GBP BOE Gov Bailey Speaks Comment: The UK …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18366 with take profit at 1.18479. Bearish Preference: Sell position is envisaged if price trades below 1.18209 with take profit at 1.18107. Fundamentals: 1:30pm USD CPI m/m USD Core CPI m/m Comment: The Euro has given away some of its gains against the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37248 with take profit at 1.37359. Bearish Preference: Sell position is envisaged if price trades below 1.36764 with take profit at 1.36563. Fundamentals:USD All Day Jackson Hole Symposium1:30pm USD Core PCE Price Index m/m3:00pm USD Fed Chair Powell Speaks Comment: GBP/USD is currently trying to get …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27482 with take profit at 1.27741. Bearish Preference: Sell position is envisaged if price trades below 1.27013 with take profit at 1.26773. Fundamentals:No major fundamentals Comment: The Canadian Dollar be may increasingly at risk of depreciating further against the US Dollar. USD/CAD has closed above the key 1.2748 …
Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.84935 with take profit at 0.84992. Bearish Preference: Sell position is envisaged if price trades below 0.84813 with take profit at 0.84748. Fundamentals:No major fundamental. Comment: EUR/GBP remains pointing lower but has been unable to make a strong, confirmed break below 0.8500 despite the chart set-up looking increasingly …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1811.34 with take profit at 1813.36. Bearish Preference: Sell position is envisaged if price trades below 1805.92 with take profit at 1804.03. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Gold prices …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18842 with take profit at 1.18951. Bearish Preference: Sell position is envisaged if price trades below 1.18492 with take profit at 1.18381. Fundamentals:No Major Fundamentals Comment: The USD perched up to a fresh two-month-high on the morning of NFP. But, once the details of the report were incorporated …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.94 with take profit at 75.11. Bearish Preference: Sell position is envisaged if price trades below 74.23 with take profit at 74.00. Fundamentals:No major fundamental Comment: Oil price met resistance in the past five days within $74.78 and $75.22 and has not since been able to climb …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13754.80 with take profit at 13767.06. Bearish Preference: Sell position is envisaged if price trades below 13690.41 with take profit at 13670.77. Fundamentals:No major fundamental Comment: The Nasdaq 100 is the weakest of the big three U.S. indices, but is trying to go through a resistance …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13506 with take profit at 13523.16. Bearish Preference: Sell position is envisaged if price trades below 13449.70 with take profit at 13427.31. Fundamentals:No major fundamental. Comment: The technology sector extended higher towards the end of the week as investors cheered a decent jobless claims report and cooling inflationary …
