Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1840.02 with take profit at 1843.02. Bearish Preference: Sell position is envisaged if price trades below 1835.64 with take profit at 1832.10. Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claims Comment: Gold was down, on Thursday morning in Asia, with higher U.S. Treasury yields blocking …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.11 with take profit at 71.33. Bearish Preference: Sell position is envisaged if price trades below 70.27 with take profit at 70.06. Fundamentals:None with a high impact on the Commodity Comment: Oil prices declined towards $70 a barrel on Thursday as more countries imposed fresh …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21710 with take profit at 1.21826. Bearish Preference: Sell position is envisaged if price trades below 1.21490 with take profit at 1.21370. Fundamentals:No major fundamental Comment: It was another disappointing NFP release out of the United States and this seemingly removes a bit of pressure from …
