Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 12178.73 with take profit at 12237.24 Bearish Preference: A sell position is envisaged if price trades below price 1700.37 with take profit at 1698.77 Fundamentals:1:30 USD: PPI m/m Core PPI m/m Comment: World stocks were stuck in a sea …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 95.46 with take profit at 96.05 Bearish Preference: Sell position is envisaged if price trades below 93.52 with take profit at 93.04 Fundamentals:No major fundamental Comment: Brent crude oil prices plunged lower to start the week after traders digested the downbeat US and Chinese economic data. In Asia, …
Instrument: USDCHF Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.95396 with take profit at 0.95601 Bearish Preference: Sell position is envisaged if price trades below 0.95019 with take profit at 0.94820 Fundamentals:3:00pm USD JOLTS Job Openings Comment: USD/CHF bears take a breather after declining to the lowest levels in 14 weeks the previous day, marking the five-day …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 87.89 with take profit at 88.23 . Bearish Preference: Sell position is envisaged if price trades below 87.22 with take profit at 86.86. Fundamentals:No major fundamental Comment: The price of oil falls back from a fresh yearly high ($87.10) amid an unexpected rise in US inventories, …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18121 with Take profit at 1.18235. Bearish Preference: Sell position is envisaged if price trades below 1.17897 with take profit at 1.17789. Fundamentals:No major fundamental. Comment: A late Friday surge as Powell’s much anticipated Jackson Hole speech, failed to provide a notable signal for tapering, …
