Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 79.44 with take profit at 79.64 Bearish Preference: Sell position is envisaged if price trades below 78.53 with take profit at 78.28 Fundamentals:ALL DAY OPEC Meetings Comment: Asian equities were mostly softer today, despite a strong lead from the US on Friday. Uncertainties around Evergrande, …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1730.41 with take profit at 1733.01 Bearish Preference: Sell position is envisaged if price trades below 1716.48 with take profit at 1712.75 Fundamentals:USD 1:30PM Unemployment Claims3PM Fed Chair Powell Testifies Comment: The dollar hit a fresh one-year high against a basket of peers on Thursday on the …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27099 with take profit at 1.27225. Bearish Preference: A Sell position is envisaged if price trades below price 1.26638 with take profit at 1.26468. Fundamentals:3:30pm USD Crude Oil Inventories4:45pm USD Fed Chair Powell Speaks Comment: The USD/CAD pair lacked any firm directional bias and remained confined …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36733 with take profit at 1.36821. Bearish Preference: Sell position is envisaged if price trades below 1.36318 with take profit at 1.36181. Fundamentals: 12:00pm GBP: Asset Purchase Facility MPC Asset Purchase Facility Votes Monetary Policy Summary2:45PM USD Flash Manufacturing PMI Flash Services PMI Comment: The …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72563 with take profit at 0.72665. Bearish Preference: Sell position is envisaged if price trades below 0.72364 with take profit at 0.72278. Fundamentals: 7:00pm USD FOMC Economic Projections. Comment: The Australian Dollar is trading higher early Wednesday after posting a volatile trade the previous session. The …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17279 with take profit at 1.17374. Bearish Preference: Sell position is envisaged if price trades below 1.17197 with take profit at 1.17076. Fundamentals: No Major Fundamentals Comment: The dollar edged lower in early European trade Tuesday, slipping from a month high, ahead of the start …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.28753 with take profit at price 1.29032. Bearish Preference: A sell position is envisaged if price trades below price 1.28198 with take profit at price 1.27930. Fundamentals: CAD: Federal Election (ALL DAY) Comment: USD/CAD rose 0.3% to 1.2810, with the oil-sensitive Canadian dollar hit by Monday’s fall …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.25826 with take profit at price 1.26143. Bearish Preference: A sell position is envisaged if price trades below price 1.25227 with take profit at price 1.24949. Fundamentals:1:30pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.769 with take profit at 109.864. Bearish Preference: Sell position is envisaged if price trades below 109.614 with take profit at 109.522. Fundamentals:No major fundamental Comment: The Dollar/Yen is edging higher on Tuesday but remains inside last Thursday’s wide range, suggesting investor indecision and impending volatility. Treasury yields late …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1784.37 with take profit at 1788.50. Bearish Preference: Sell position is envisaged if price trades below 1769.73 with take profit at 1765.14. Fundamentals:No major fundamental. Comment: Gold held steadily during Tuesday’s APAC session after gaining 2.9% over the last three trading days. Risk sentiment turned sour …
