Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1789.69 with take profit at 1791.88 Bearish Preference: Sell position is envisaged if price trades below 1781.26 with take profit at 1779.14 Fundamentals:1:30pm USD PPI m/mUSD Core PPI m/mUSD Unemployment Claims Comment: Extended shares on a global rally on Thursday after softer-than-expected U.S. inflation data encouraged bets of …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.10553 with take profit at 1.10812. Bearish Preference: Sell position is envisaged if price trades below 1.10061 with take profit at 1.096651 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 Speaks …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 117.58 with take profit at 118.83. Bearish Preference: Sell position is envisaged if price trades below 112.32 with take profit at 110.28 Fundamentals:No Major Fundamental Comment: Oil prices rose on Thursday in volatile trade following a sharp drop in the previous session as the market contemplated whether major …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.11 with take profit at 83.36 Bearish Preference: Sell position is envisaged if price trades below 82.34 with take profit at 82.13 Fundamentals:No major fundamental Comment: Crude prices edged higher Thursday, rebounding after the previous session’s losses on concerns the sharp rise in U.S. inflation, boosted …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37899 with take profit at 1.37996. Bearish Preference: Sell position is envisaged if price trades below 1.37665 with take profit at 1.37577 Fundamentals:7:00am GBP CPI y/y Comment: The dollar consolidated at lower levels in early trade in Europe on Wednesday, after a sharp two-day drop driven …
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: CADJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.799 with take profit at 85.897. Bearish Preference: Sell position is envisaged if price trades below 85.421 with take profit at 85.324. Fundamentals: None with a high impact on the pair. Comment: The Canadian dollar was up for the sixth consecutive day against the dollar and …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1775.75 with take profit at 1778.80. Bearish Preference: Sell position is envisaged if price trades below 1765.31 with take profit at 1762.58. Fundamentals: No Major Fundamental. Comment: U.S. stocks are seen opening sharply higher Tuesday, bouncing back from the previous session’s major selloff, ahead of the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.81 with take profit at 73.02. Bearish Preference: Sell position is envisaged if price trades below 72.18 with take profit at 71.99. Fundamentals: No major Fundamentals Comment: Oil prices were mixed on Tuesday as some investors scooped up bargains following recent losses, while Saudi Arabia’s sharp cuts in …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26434 with take profit at 1.26583. Bearish Preference: Sell position is envisaged if price trades below 1.26027 with take profit at 1.25875. Fundamentals: No major fundamental. Comment: Technically, USD/CAD is currently bouncing around a critical level of support on the technical front. Firstly, the key level …
