Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37641 with take profit at 1.37762. Bearish Preference: Sell position is envisaged if price trades below 1.37315 with take profit at 1.37155. Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: The dollar handed back some gains in early European trading Wednesday as bond yields edged off highs, …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.216 with take profit at 109.320. Bearish Preference: Sell position is envisaged if price trades below 109.039 with take profit at 108.930. Fundamentals:No major fundamental Comment: The Dollar/Yen closed higher on Friday as a spike in U.S. Treasury yields widened the spread against Japanese Government …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19385 with take profit at 1.19516. Bearish Preference: Sell position is envisaged if price trades below 1.19065 with take profit at 1.18895. Fundamentals:EUR: German WPI m/m (8am)EUR: Eurogroup Meetings (ALL DAY)USD: Empire State Manufacturing Index (1:30 AM) Comment: On Friday, EU reported that Euro Area …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.247 with take profit at 109.401. Bearish Preference: Sell position is envisaged if price trades below 108.809 with take profit at 108.703. Fundamentals:No major economic data Comment: The dollar was up on Friday morning in Asia but remained near a one-week low as calmer bond …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.38240 with take profit at 1.38141 Bullish Preference: Buy is envisaged if the price trades above 1.38808 with take profit at 1.39006 Fundamentals:No major Fundamental Comment: GBP/USD is under pressure as US growth expectations boost the dollar. The UK’s reopening and rapid vaccination campaign are helping sterling …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18998 with take profit at 1.19173 Bearish Preference: Sell position is envisaged if price trades below 1.18385 with take profit at 1.18205 Fundamentals:No major Fundamental Comment: The euro has started the week in negative territory, dropping below the 1.19 level. Currently, EUR/USD is trading at …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1728.95 with take profit at 1720.14. Bullish Preference: Buy is envisaged if price trades above 1741.54 with take profit at 1750.36. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: Gold inched down on Wednesday morning in Asia, with U.S. Treasury yields continued their fall and put pressure …
Instrument: GOLD Technical Analysis Bearish Preference: A sell position is envisaged if price trades below price 1703.97 with a take profit at price 1696.45. Bullish Preference: A buy position is envisaged if price trades above price 1727.25 with take profit at price 1738.90. Fundamentals:7:00pm USD FOMC Member Brainard Speaks8:00pm USD FOMC Member Daly Speak …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell if price trades below 1.21442 and take profit at 1.21242 Bullish Preference: Buy if price trades above 1.21713 and take profit at 1.21814 Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: The US dollar languished near six-week lows amid doubts about a relatively faster US economic recovery and was seen as one of the …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell if price trades below 1.20210 with take Profit at 1.19706 Bullish Preference: Buy if price trades above 1.20569 with take Profit at 1.20789 Fundamentals:No major fundamental Comment: Strong U.S. retail sales, new signs the Federal Reserve will maintain its accommodative stance, and an ongoing push for further U.S. stimulus have bolstered economic optimism, but …
