Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades 1776.08 above with take profit at 1778.07. Bearish Preference: Sell position is envisaged if price trades below 1769.13 with take profit at 1767.32. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: Gold had another uninspiring night as it remains marooned in a USD 1770.00 to USD …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.33447 with take profit at 1.33572. Bearish Preference: A Sell position is envisaged if price trades below price 1.33305 with take profit at 1.33173. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34580 with take profit at 1.34723 Bearish Preference: Sell position is envisaged if price trades below 1.34243 with take profit at 1.34059 Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:15pm USD Industrial Production m/m Comment: The spotlight is on the U.S. consumer today, with …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 36026 with take profit at 36054 Bearish Preference: Sell position is envisaged if price trades below 35950 with take profit at 35931 Fundamentals:No major fundamental Comment: Dow Jones wrapped up this past week with a loss, falling about 0.6%, 0.3% and 1% respectively.The slight increase …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1861.11 with take profit at 1864.93. Bearish Preference: Sell position is envisaged if price trades below 1853.26 with take profit at 1848.78. Fundamentals:4pm USD JOLTS Job OpeningsUSD Prelim UoM Consumers Sentiments Comment: Gold was down on Friday morning in Asia, but was set for its biggest weekly …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24325 with take profit at 1.24451. Bearish Preference: Sell position is envisaged if price trades below 1.24016 with take profit at 1.23885. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI7:00pm USD FOMC Statement7:30pm USD FOMC Press Conference Comment: Although it’s the Fed’s outlook on …
Instrument: USDCHF Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.93128 with take profit at 0.93202. Bearish Preference: A Sell position is envisaged if price trades below price 0.92861 with take profit at 0.92782. Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar was up on Friday morning in Asia. However, …
Instrument: USDJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 111.329 with take profit at 111.449. Bearish Preference: A Sell position is envisaged if price trades below price 111.022 with take profit at 110.944. Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD ISM Manufacturing PMI Comment: In light of the recent price action, the potential advance to …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17388 with take profit at 1.17482. Bearish Preference: Sell position is envisaged if price trades below 1.17105 with take profit at 1.17015. Fundamentals: 3:00pm USD Fed Chair Powell Speaks Comment: The dollar hovered above a one-week low versus major peers on Friday, taking a breather after …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.478 with take profit at 109.671. Bearish Preference: Sell position is envisaged if price trades below 109.228 with take profit at 109.051. Fundamentals:No major fundamental. Comment: The US Dollar is seeing some movement Friday morning. USD price action has been trading on its back foot for most of …
