Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1876.82 with take profit at 1880.96. Bearish Preference: Sell position is envisaged if price trades below 1847.87 with take profit at 1844.40. Fundamentals:No major Fundamentals Comment: Gold prices extended lower during Monday’s APAC session after falling 1.14% on Friday, as the US Dollar climbed alongside longer-dated Treasury …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.944 with take profit at 110.044. Bearish Preference: Sell position is envisaged if price trades below 109.640 with take profit at 109.536. Fundamentals:USD 1:15PM ADP Non-Farm Employment Change 1:30PM Unemployment Claims Comment: The market’s sentiment fluctuates accordingly to the chances of …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1899.84 with take profit at 1902.45. Bearish Preference: Sell position is envisaged if price trades below 1891.08 with take profit at 1889.06. Fundamentals:3:00pm USD ISM Services PMI Comment: Gold was down on Thursday morning in Asia, but remained near five-year highs. investors digested China’s Caixin services economic …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.21474 with take profit at 1.21711. Bearish Preference: Sell is envisaged if price trades below 1.21036 with take profit at 1.20858. Fundamentals:USD 1:30 PM Unemployment Claims Comment: The dollar jumped Wednesday, riding the sharp upswing in U.S. bond yields following a red-hot inflation report for April that …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1838.63 with take profit at 1840.94. Bearish Preference: Sell position is envisaged if price trades below 1829.92 with take profit at 1826.92. Fundamentals:1:30 pm USD CPI m/m USD Core CPI m/m Comment: Gold was down on Wednesday morning …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1782.11 with a take profit at price 1784.12. Bearish Preference: A Sell position is envisaged if price trades below price 1775.90 with a take profit at price 1773.80. Fundamentals:None with high impact Comment: The price of gold appears to have reverse course ahead of …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1780.60 with a take profit at price 1783.71. Bearish Preference: A Sell position is envisaged if price trades below price 1772.54 with a take profit at price 1769.57. Fundamentals:No major fundamental. Comment: The price of gold pulls back from a fresh monthly high ($1798) …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.38807 with a take profit at price 1.39034. Bearish Preference: A Sell position is envisaged if price trades below price 1.38246 with a take profit at price 1.38099. Fundamentals:No major fundamental. Comment: The dollar was up on Monday morning in Asia but remained near …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37627 with take profit at 1.37739. Bearish Preference: Sell position is envisaged if price trades below 1.37312 with take profit at 1.37111. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: The dollar edged higher in early European trading Tuesday, helped …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38471 with take profit at 1.38688. Bullish Preference: Sell position is envisaged if price trades below 1.38219 with take profit at 1.38030. Fundamentals:9:40am GBP MPC Member Haldane Speaks12:50pm GBP BOE Gov Bailey Speaks3:00pm USD Fed Chair Powell Testifies Comment: The dollar strengthened in early …
