Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1859.92 with take profit at 1862.80 Bearish Preference: Sell position is envisaged if price trades below 1850.56 with take profit at 1847.86 Fundamentals:No Major Fundamental Comment: Gold prices are attempting to close a four-day advance with XAU/USD rallying alongside equities today. The recovery off downtrend support is now …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27097 with take profit at 1.27229. Bearish Preference: Sell position is envisaged if price trades below 1.26473 with take profit at 1.26258. Fundamentals:1:30pm CAD Core Retail Sales m/m Retail Sales m/m USD Unemployment Claims2:45PM USD Flash Manufacturing PMI Flash Services PMI Comment: USD/CAD appears to be …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1886.33 with take profit at 1889.32. Bearish Preference: Sell position is envisaged if price trades below 1875.49 with take profit at 1872.00. Fundamentals:USD 1:30PM CPI m/m 1:30PM Core CPI m/m 1:30PM Unemployment Claims Comment: The yellow …
Intraday: Bearish * Technical Analysis * Preference: A sell trade is envisaged if price trades below 1.39193 with take profit at 1.38943 * Alternative scenario: A buy trade is envisaged if price trades above 1.39548 with take profit at 1.39997 * Fundamentals:No major economic data with direct bearing on the currency pair Comment: The pair is envisaged to break to the downside …
