Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1900.83 with take profit at 1903.39. Bearish Preference: Sell position is envisaged if price trades below 1884.85 with take profit at 1878.01. Fundamentals:None with high impact on the commodity Comment: Right now, Gold prices are trading sideways in a tight range, which ultimately indicates a big move …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13857 with take profit at 1.14055. Bearish Preference: Sell position is envisaged if price trades below 1.13536 with take profit at 1.13327. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m 3:15pmUSD Industrial Production m/m8:00pm USD FOMC Meeting Minutes Comment: EUR/USD takes offers to refresh …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15270.7 with take profit at 15298.9. Bearish Preference: Sell position is envisaged if price trades below 15196.3 with take profit at 15170.0. Fundamentals:No Major fundamental Comment: Rising stocks outnumbered declining ones on the Frankfurt Stock Exchange by 409 to 283 and 79 ended unchanged. Europe’s equivalent of …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1800.98 with take profit at 1803.98. Bearish Preference: Sell position is envisaged if price trades below 1794.65 with take profit at 1791.32. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: Gold is bouncing back as expectations for aggressive global central bank tightening eased after the RBA showed …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15650.00 with take profit at 15699.50. Bearish Preference: Sell position is envisaged if price trades below 15571.17 with take profit at 15523.51. Fundamentals:No major fundamental Comment: The dollar edged lower on Monday as traders took the view that Federal Reserve tightening moves were largely priced in, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 82.90 with take profit at 83.42. Bearish Preference: Sell position is envisaged if price trades below 82.20 with take profit at 81.74. Fundamentals:No Major Fundamental Comment: Oil is continuing to push higher as traders price in a modest economic impact from omicron. The OPEC+ meeting this …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.23 with take profit at 75.46. Bearish Preference: Sell position is envisaged if price trades below 74.29 with take profit at 74.10. Fundamentals:No major fundamental Comment: World stocks marched back towards record highs on Thursday as traders waited to see if Europe’s top central banks, …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15337.5 with take profit at 15377.4. Bearish Preference: Sell position is envisaged if price trades below 15245.3 with take profit at 15212.6. Fundamentals:No major fundamental Comment: Germany stocks were lower after the close on Friday, as losses in the Retail, Consumer & Cyclical and Industrials …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16398.30 with take profit at 16426.27. Bearish Preference: Sell position is envisaged if price trades below 16333.96 with take profit at 16307.39. Fundamentals:2:30pm USD PPI m/m USD Core PPI m/m3:00pm USD Fed Chair Powell Speaks7:01pm USD 10-y Bond Auction Comment: U.S. stock futures inched higher Tuesday, …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1788.09 with take profit at 1789.78 Bearish Preference: Sell position is envisaged if price trades below 1784.32 with take profit at 1782.56 Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Gold prices swooned as expected Friday as traders put the prior day’s soft third-quarter US GDP print …
