Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.543 with take profit at 109.658. Bearish Preference: Sell position is envisaged if price trades below 109.178 with take profit at 109.069. Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment: The dollar was down on Friday morning in Asia after the U.S. posted higher-than-expected inflation data in May. Early …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1888.20 with take profit at 1891.49. Bearish Preference: Sell position is envisaged if price trades below 1879.31 with take profit at 1875.93. Fundamentals:No major fundamental. Comment: Gold prices pulled back slightly during Monday’s Asia-Pacific trade after rising over 1% on Friday. Market participants are assessing comments …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22114 with take profit at 1.22256. Bearish Preference: Sell position is envisaged if price trades below 1.21846 with take profit at 1.21700. Fundamentals:1:30PM USD Prelim GDP q/q Comment: The dollar edged higher in early European trade Thursday, finding support from comments suggesting the Federal Reserve will soon have …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13506 with take profit at 13523.16. Bearish Preference: Sell position is envisaged if price trades below 13449.70 with take profit at 13427.31. Fundamentals:No major fundamental. Comment: The technology sector extended higher towards the end of the week as investors cheered a decent jobless claims report and cooling inflationary …
Instrument: EURGBP Technical Analysis Bullish Preference: Buy is envisage if price trades above 0.86353 with take profit at 0.86470. Bearish Preference: Sell is envisaged if price trades below 0.86007 with take profit at 0.85895. Fundamentals:None with high impact. Comment: The EUR/GBP cross edged lower through the first half of the European session and dropped to fresh one-month-lows, around the …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy is envisage if price trades above 1824.41 with take profit at 1828.24. Bearish Preference: Sell is envisaged if price trades below 1808.87 with take profit at 1799.09. Fundamentals:1:30 PM USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy is envisaged if price trades above 1.22988 with take profit at 1.23099. Bearish Preference: A sell is envisaged if price trades below 1.22632 with take profit at 1.22512. Fundamentals:1:30pm CAD GDP m/m Comment: The Canadian dollar surged by the most since June 2020 against its U.S. counterpart on Wednesday, April …
Instrument: GOLD Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below 1741.41 with a take profit at 1719.92. Bullish Preference: A Buy position is envisaged if price trades above price 1780.05 with take profit at price 1793.15 Fundamentals:USD: Core PCE Price Index m/m (2:30pm)USD: Chicago PMI (3:45pm) Comment: The Precious Metal which is seen as a …
