Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.74490 with take profit at 0.74608 Bearish Preference: Sell position is envisaged if price trades below 0.74143 with take profit at 0.73961 Fundamentals:No major fundamentals Comment: The Australian Dollar will be in focus to kick off the Asia-Pacific trading week as Chinese CPI data approaches. AUD/USD hit a fresh 2022 …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1932.02 with take profit at 1936.24. Bearish Preference: Sell position is envisaged if price trades below 1924.31 with take profit at 1920.17. Fundamentals:No Major fundamentals. Comment: Gold prices held steady on Tuesday as U.S. Treasury yields hit multi-year highs following an aggressive inflation stance by the Federal Reserve …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33281 with take profit at 33331. Bearish Preference: Sell position is envisaged if price trades below 33128 with take profit at 33086. Fundamentals:No major fundamental Comment: On Wall Street, sentiment soured this past week following another strong inflation print as February’s CPI gauge clocked in at 7.9% y/y. …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 116.024 with take profit at 116.201. Bearish Preference: Sell position is envisaged if price trades below 115.823 with take profit at 115.646. Fundamentals:1:45pm EUR Main Refinancing Rate EUR Monetary Policy Statement2:30pm EUR ECB Press ConferenceUSD CPI m/mUSD Core CPI m/mUSD Unemployment Claims11:15pm AUD RBA Gov Lowe …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35817 with take profit at 1.35946 . Bearish Preference: Sell position is envisaged if price trades below 1.35645 with take profit at 1.35522 . Fundamentals:3:45pm USD Flash Manufacturing PMIUSD Flash Services PMI4:00pm USD CB Consumer Confidence Comment: The GBP/USD pair kicked off the new week on a …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1823.61 with take profit at 1825.84. Bearish Preference: Sell position is envisaged if price trades below 1820.40 with take profit at 1818.08. Fundamentals:No major fundamental Comment: Gold held steadily during Monday’s APAC session after gaining 1.6% over the past week. A slew of upbeat economic …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25299 with take profit at 1.25422. Bearish Preference: Sell position is envisaged if price trades below 1.24759 with take profit at 1.24590. Fundamentals:2:30pm USD Retail Sales Comment: The persistent weakness in the US dollar, despite the uptick in the Treasury yields, recalls sellers, as investors remain …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.90 with take profit at 83.42. Bearish Preference: Sell position is envisaged if price trades below 82.20 with take profit at 81.74. Fundamentals:No Major Fundamental Comment: Oil is continuing to push higher as traders price in a modest economic impact from omicron. The OPEC+ meeting this …
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 …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16625.11 with take profit at 16677.47. Bearish Preference: Sell position is envisaged if price trades below 16513.45 with take profit at 16451.94. Fundamentals:No Major Fundamental Comment: As the worst fears of the impact of the new variant have subsided, investors have been returning to risk assets. …
