Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34260 with take profit at 34310. Bearish Preference: Sell position is envisaged if price trades below 34041 with take profit at 33962. Fundamentals:3:00pm USD CB Consumer Confidence. Comment: Asian shares dropped on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39491 with take profit at 1.39699. Bearish Preference: Sell position is envisaged if price trades below 1.38630 with take profit at 1.38435. Fundamentals:7:00pm USD Fed Chair Powell Testifies Comment: The dollar stabilized in early European trade Tuesday, after handing back some of the previous week’s gains during the …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34354 with take profit at 34434. Bearish Preference: Sell position is envisaged if price trades below 34166 with take profit at 34089. Fundamentals:USD 7:00 pm FOMC Economic Projections FOMC Statement …
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: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.74 with take profit at 71.86. Bearish Preference: Sell position is envisaged if price trades below 71.32 with take profit at 71.17. Fundamentals:No major fundamental. Comment: Looking ahead, traders will eye this week’s API and EIA crude oil reports for clues about the supply-demand relationship. The …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41457 with take profit at 1.41585. Bearish Preference: Sell position is envisaged if price trades below 1.41097 with take profit at 1.40977. Fundamentals:1:30pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1901.42 with take profit at 1904.79. Bearish Preference: Sell position is envisaged if price trades below 1890.87 with take profit at 1887.06. Fundamentals:No Major Fundamentals Comment: Gold has been on an incredible bull-run throughout the past month, with the precious metal notching up a fourth consecutive …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 109.807 with take profit at price 109.907. Bearish Preference: A sell position is envisaged if price trades below price 109.589 with take profit at price 109.494. Fundamentals:No Major Fundamentals Comment: The dollar edged higher in early European trade Wednesday, climbing from a near five-month …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 13778.40 with a take profit at price 13811.33. Bearish Preference: A Sell position is envisaged if price trades below 13699.40 with take profit at price 13666.65. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Traders are returning from Memorial Day with renewed optimism as stock index futures point higher …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.22297 with take profit at price 1.22440. Bearish Preference: A sell position is envisaged if price trades below price 1.22009 with take profit at price 1.21870. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The dollar weakened in early European trade Tuesday, slipping to multi-month lows …
