Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1931.88 with take profit at 1933.42 Bearish Preference: Sell position is envisaged if price trades below 1924.57 with take profit at 1920.53 Fundamentals:No major Fundamental. Comment: There’s no two-ways about it: gold prices outperformed our expectations in Q1’22. Our rationale for not taking a bullish outlook on gold …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36438 with take profit at 1.36564. Bearish Preference: Sell position is envisaged if price trades below 1.36191 with take profit at 1.36056. Fundamentals:1pm GBP Asset Purchase Facility GBP BOE Monetary Policy Report GBP MPC Asset Purchase Facility Votes GBP MPC …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17402 with take profit at 1.17509. Bearish Preference: Sell position is envisaged if price trades below 1.17272 with take profit at 1.17154. Fundamentals:USD 1:30PM PPI m/m Core PPI m/m …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.549 with take profit at 110.659. Bearish Preference: Sell position is envisaged if price trades below 110.256 with take profit at 110.118. Fundamentals:USD 1:30PM PPI m/m Core PPI m/m …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1829.06 with take profit at 1831.92. Bearish Preference: Sell position is envisaged if price trades below 1821.17 with take profit at 1817.57. Fundamentals:1:30 PM USD Unemployment Claims Philly …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.90 with take profit at 1807.41. Bearish Preference: Sell position is envisaged if price trades below 1772.40 with take profit at 1766.77. Fundamentals:7:00pm USD Fed Chair Powell Testifies Comment: Gold was up on Tuesday morning in Asia against the dollar’s fall below the $92 mark. Investors digested comments …
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: 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 …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1904.67 with take profit at 1908.70. Bearish Preference: Sell position is envisaged if price trades below 1896.20 with take profit at 1892.4. Fundamentals:1:30PM USD Prelim GDP q/q USD Unemployment Claims3:30pm USD Pending Home Sales m/m Comment: Investors continue to monitor how the U.S. Federal …
