Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 89.93 with take profit at 90.14 Bearish Preference: Sell position is envisaged if price trades below 89.17 with take profit at 88.96 Fundamentals:No major fundamental Comment: Crude oil prices are extending overnight gains, fostered by a softer US Dollar and implications of a possible pullback in global production …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1713.80 with take profit at 1718.04 Bearish Preference: Sell position is envisaged if price trades below 1703.98 with take profit at 1700.86 Fundamentals:USD: JOLTS Job Openings Comment: Gold prices rose slightly on Friday as pressure from the dollar eased further, but were set for a sixth straight month …
Instrument: US30+ Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 11528.35 with take profit at 11597.04 Bearish Preference: Sell position is envisaged if price trades below 11528.35 with take profit at 11597.04 Fundamentals:3PM USD CB Consumer Confidence Comment: Wall Street’s main indexes suffered heavy losses last week with the Nasdaq dropping 5.03% – its second straight week falling by more than …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 1.32915 with take profit at 1.32993 Bearish Preference: A sell position is envisaged if price trades below price 1.32722 with take profit at 1.32624 Fundamentals:None with high impact Comment: The Bank of Canada (BoC)focuses more on the core rate. If the reading comes in line with expectations …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above1 1999.56 with take profit at 12033.90 Bearish Preference: A sell position is envisaged if price trades below price 11938.07 with take profit at 11910.52 Fundamentals:None with high impact Comment: After a hotter-than-expected inflation print and FedEx Corp.’s (NYSE:FDX) shocking profit warning, top Wall Street strategists see …
Instrument: OIL Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 92.93 with take profit at 93.30 Bearish Preference: A sell position is envisaged if price trades below price 91.75 with take profit at 91.46 Fundamentals:None with high impact Comment: Crude oil has recovered from yesterday’s dip to be trading near to where it started the week. The …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 1677.53 with take profit at 1679.36 Bearish Preference: A sell position is envisaged if price trades below price 1669.04 with take profit at 1666.72 Fundamentals:None with high impact Comment: Gold prices are little changed, holding around the 1,675 level after last week’s big drop when bullion sank …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 12849 with take profit at 12882.86 Bearish Preference: A Sell position is envisaged if price trades below price 12736.03 with take profit at 12686.71 Fundamentals:1:30 PM Core CPI Core CPI m/m Comment: Apple Inc. shares rallied the most since May as …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 1731.69 with take profit at 1734.48 Bearish Preference: A sell position is envisaged if price trades below price 1727.72 with take profit at 1725.51 Fundamentals:1:30 USD: CPI m/m Core CPI m/m Comment: U.S. stocks are seen opening marginally higher …
Instrument: OIL Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 95.15 with take profit at 95.63 Bearish Preference: A Sell position is envisaged if price trades below price 93.45 with take profit at 93.03 Fundamentals:No major fundamental Comment: Crude oil prices rose to start the week as a softer US Dollar and supply concerns supported buying. However, …
