Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 130.019 with take profit at 130.141. Bearish Preference: Sell position is envisaged if price trades below 129.704 with take profit at 129.572. Fundamentals: 12:45 EUR ZONE: ECB President Lagarde Speaks Comment: EUR/JPY last week saw a decent rebound from the 127.94 August low. Downtrend at 130.05 …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37102 with take profit at 1.37106. Bearish Preference: Sell position is envisaged if price trades below 1.36775 with take profit at 1.36681. Fundamentals:1PM USD FOMC Member Evans Speaks1:30PM USD Core Durable Goods Orders m/m Durable Goods Orders m/m7:00PM GBP BOE Gov Bailey Speaks Comment: The UK …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.25 with take profit at 72.44. Bearish Preference: Sell position is envisaged if price trades below 71.43 with take profit at 71.25. Fundamentals:No major Fundamentals Comment: Oil prices fell on Tuesday morning as fears grew that Asian demand would not recover as quickly as originally expected. Supply disruptions …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25622 with take profit at 1.25743. Bearish Preference: Sell position is envisaged if price trades below 1.25388 with take profit at 1.25275. Fundamentals: No major Fundamentals Comment: The U.S. labor market cooled sharply in August, hurt by weakness in the leisure and hospitality sector amid another major coronavirus …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 109.995 with take profit at price 110.076. Bearish Preference: A sell position is envisaged if price trades below price 109.803 with take profit at price 109.728. Fundamentals: No major Fundamentals Comment: The dollar edged higher in early European trading Monday, but remained near a one-month low as …
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 …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17402 with take profit at 1.17509. Bearish Preference: Sell position is envisaged if price trades below 1.17272 with take profit at 1.17154. Fundamentals:USD 1:30PM PPI m/m Core PPI m/m …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.549 with take profit at 110.659. Bearish Preference: Sell position is envisaged if price trades below 110.256 with take profit at 110.118. Fundamentals:USD 1:30PM PPI m/m Core PPI m/m …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18842 with take profit at 1.18951. Bearish Preference: Sell position is envisaged if price trades below 1.18492 with take profit at 1.18381. Fundamentals:No Major Fundamentals Comment: The USD perched up to a fresh two-month-high on the morning of NFP. But, once the details of the report were incorporated …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38530 with take profit at 1.38749. Bearish Preference: Sell position is envisaged if price trades below 1.37656 with take profit at 1.37423. Fundamentals:None with a high impact on the pair. Comment: GBP/USD experienced the worst week in about 9 months, extending June’s top. The pair also cleared …
