Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 119.190 take profit at 119.376. Bearish Preference: Sell position is envisaged if price trades below 118.648 take profit at 118.487. Fundamentals:No Major Fundamental Comment: The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1981.12 with take profit at 1987.35. Bearish Preference: Sell position is envisaged if price trades below 1969.39 with take profit at 1964.15. Fundamentals:No major fundamental Comment: Gold was down on Monday morning in Asia. U.S. Treasury yields rose over expectations of a U.S. interest rate hike, while …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1908.18 with take profit at 1912.17. Bearish Preference: Sell position is envisaged if price trades below 1897.29 with take profit at 1893.15. Fundamentals:2:30pm USD Core PCE Price Index m/m Comment: Gold had a frenetic session overnight, trading in a nearly USD 100 range, rising from USD 1910.00 …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.848 with take profit at 114.936. Bearish Preference: Sell position is envisaged if price trades below 114.614 with take profit at 114.550. Fundamentals:2:30pm USD Prelim GDP q/qUSD Unemployment Claims Comment: Ukraine and Russia The pair witnessed aggressive selling during the early part of the trading on Thursday …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1948.44 with take profit at 1957.03 . Bearish Preference: Sell position is envisaged if price trades below 1933.49 with take profit at 1922.82. Fundamentals:2:30pm USD Prelim GDP q/qUSD Unemployment Claims6:00pm USD FOMC Member Mester Speaks Comment: Gold was up on Thursday morning in Asia, hitting a near …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35761 with take profit at 1.35921. Bearish Preference: Sell position is envisaged if price trades below 1.35192 with take profit at 1.35010. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m 3:15pmUSD Industrial Production m/m8:00pm USD FOMC Meeting Minutes Comment: The GBP/USD pair maintained its bid …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35413 with take profit at 1.35542 . Bearish Preference: Sell position is envisaged if price trades below 1.35041 with take profit at 1.34871. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: The dollar was carrying a couple of bruises on Wednesday as Federal Reserve officials played down the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34417 with take profit at 1.34568. Bearish Preference: Sell position is envisaged if price trades below 1.34028 with take profit at 1.33874. Fundamentals:2:30pm USD Advance GDP q/q Comment: The dollar was up on Thursday morning in Asia, hitting multi-week highs. The safe-haven U.S. currency got a boost after …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34973 with take profit at 1.35134. Bearish Preference: Sell position is envisaged if price trades below 1.34648 with take profit at 1.34487. Fundamentals:4:00pm USD CB Consumer Confidence Comment: The dollar was up on Tuesday morning in Asia, with the safe-haven asset remaining near a two-week …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1825.93 with take profit at 1827.78 . Bearish Preference: Sell position is envisaged if price trades below 1821.44 with take profit at 1819.59 . Fundamentals:No Major Fundamental Comment: With higher vaccine efficacy shown by the Johnson & Johnson offering, the seriousness of the Omicron variant has …
