Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1804.93 with take profit at price 1807.04. Bearish Preference: A sell position is envisaged if price trades below price 1798.86 with take profit at price 1796.75. Fundamentals: None with High Impact on the commodity Comment: Gold was down this morning in Asia, but remained above the $1,800-mark. …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.44 with take profit at 70.72. Bearish Preference: Sell position is envisaged if price trades below 69.42 with take profit at 69.13. Fundamentals:No Major Fundamental Comment: Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13748.39 with take profit at 13775.25. Bearish Preference: Sell position is envisaged if price trades below 13673.30 with take profit at 13647.72. Fundamentals:None with high impact. Comment: U.S. stocks closed slightly lower on Tuesday, and each of Wall Street’s main indexes failed to stray far from the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.66 with take profit at 67.94. Bearish Preference: Sell position is envisaged if price trades below 66.99 with take profit at 66.69. Fundamentals:3:30 pm USD Crude Oil Inventories Comment: Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases …
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. …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy is envisage if price trades above 109.532 with take profit at 109.634. Bearish Preference: Sell is envisaged if price trades below 109.245 with take profit at 109.128. Fundamentals:1:30 pm USD Core Retail Sales m/m USD Retail Sales m/m2:15 pm …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41305 with take profit at 1.41537. Bearish Preference: Sell position is envisaged if price trades below 1.40899 with take profit at 1.40663. Fundamentals:3:30 PM GBP BOE Gov Bailey Speaks Comment: The dollar was up on Tuesday morning in Asia, but gains were capped by expectations that …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades ABOVE 1725 with take profit at 1740 Alternative scenario: Sell position is envisaged if price trades BELOW 1710 with take profit at 1698 Fundamentals:USD: 12:30pmCore Durable Goods Orders m/m Durable Goods Orders m/ Comment: Gold has been the most secure commodity to trade in the last set of weeks …
