Instrument: GOLD+ Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1656.20 with take profit at 1657.34 Bearish Preference: Sell position is envisaged if price trades below 1649.89 with take profit at 1648.56 Fundamentals:No major fundamental Comment: Gold prices moved little on Tuesday, hovering around key support levels as the dollar retreated from recent highs, while uncertainty over weakening …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 96.08 with take profit at 96.49 Bearish Preference: Sell position is envisaged if price trades below 95.21 with take profit at 94.80 Fundamentals:No major fundamental Comment: Oil prices fell on Wednesday ahead of a key U.S. report on inflation and after industry data showed U.S. crude inventories unexpectedly …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.29724 with take profit at 1.29925 Bearish Preference: Sell position is envisaged if price trades below price 1.29353 with take profit at 1.29062 Fundamentals:No Major Fundamental Comment:The USD/CAD pair extended its retracement slide from the YTD peak, around the 1.3075-1.3080 area set on Friday and witnessed some follow-through …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34537 with take profit at 34593 Bearish Preference: Sell position is envisaged if price trades below 34443 with take profit at 34403 Fundamentals:No major Fundamental. Comment: The Dow Jones is in better shape as far as last week’s low holding, with it clocking in down at 34190. …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 121.957 with a take profit at 122.181. Bearish Preference: Sell position is envisaged if price trades below 121.361 with take profit at 121.194. Fundamentals:No major Fundamental Comment: The dollar was down on Friday morning in Asia, and the Japanese yen was set for its worst week in two …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1897.66 with take profit at 1903.35 . Bearish Preference: A Sell position is envisaged if price trades below 1887.13 with take profit at 1881.92 . Fundamentals:3:45pm USD Flash Manufacturing PMIUSD Flash Services PMI4:00pm USD CB Consumer Confidence Comment: GOLD has bounced due to risk off …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15098.88 with take profit at 15984.75. Bearish Preference: Sell position is envisaged if price trades below 14946.95 with take profit at 14851.16. Fundamentals:11:00am EUR EU Economic Forecasts2:30pm USD CPI USD Core CPI m/mUSD Unemployment Claims Comment: Asia Pacific stocks were mixed on Thursday morning, even after U.S. …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16649.71 with take profit at 16694.79 Bearish Preference: Sell position is envisaged if price trades below 16593.36 with take profit at 16552.04 Fundamentals:No major fundamental Comment: U.S. stocks are seen opening bullish albeit trend not clearly established, The previous week wrapped up with investors focusing …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 36026 with take profit at 36054 Bearish Preference: Sell position is envisaged if price trades below 35950 with take profit at 35931 Fundamentals:No major fundamental Comment: Dow Jones wrapped up this past week with a loss, falling about 0.6%, 0.3% and 1% respectively.The slight increase …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16060 with take profit at 1.16100. Bearish Preference: Sell position is envisaged if price trades below 1.15932 with take profit at 1.15893 Fundamentals:2:15PM USD: Industrial Production m/m Comment: The safe-haven US Dollar has recently lost momentum against major currency pairs as fundamentals continue to weigh on …
