Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1926.03 with take profit at 1928.38. Bearish Preference: Sell position is envisaged if price trades below 1920.84 with take profit at 1918.57. Fundamentals:5:PM US ZONE: Fed Chair Powell Speaks Comment: Gold prices rebounded 0.3% during Monday’s APAC mid-day trading session after falling 3.4% last week. The Federal …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1812.06 with take profit at 1813.59 . Bearish Preference: Sell position is envisaged if price trades below 1808.11 with take profit at 1806.32 . Fundamentals:No Major fundamental Comment: Gold traded modestly higher during Monday’s APAC mid-day trading session following a much stronger-than-expected US nonfarm payrolls report. The …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37947 with take profit at 1.38043. Bearish Preference: Sell position is envisaged if price trades below 1.37553 with take profit at 1.37438. Fundamentals:No major fundamental Comment: The dollar was up in early trading Tuesday morning in Asia, following a high reached overnight during the U.S. trading …
Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.15445 with take profit at 1.15550. Bearish Preference: A Sell position is envisaged if price trades below price 1.15264 with take profit at 1.15180. Fundamentals:1:15PM USD ADP Non-Farm Employment Change Comment: The dollar traded higher Wednesday, with this safe haven boosted by concerns rising energy …
