Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.99579 with take profit at 0.99902 Bearish Preference: A Sell position is envisaged if price trades below price 0.99008 with take profit at 0.98616 Fundamentals:2:45 PM Flash Services PMI Comment: The dollar marched to a new 20-year high as the euro slumped again with the prospect of an energy-driven …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1741.50 with take profit at 1744.47 Bearish Preference: A Sell position is envisaged if price trades below price 1741.50 with take profit at 1744.47 Fundamentals:None with high impact. Comment:Gold and Silver prices came under selling pressure to start the new trading week. Taking …
Instrument: OIL Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 98.40 with take profit at 99.11 Bearish Preference: A Sell position is envisaged if price trades below price 96.42 with take profit at 95.87 Fundamentals:None with high impact Comment: Crude oil tried to go lower to start this week after speculation swirled that a US-Iran deal could …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13911.8 with take profit at 13937.2 Bearish Preference: Sell position is envisaged if price trades below 13851.0 with take profit at 13825.9 Fundamentals:No major fundamental Comment:European stock markets edged higher Tuesday, helped by strong earnings from mining giant BHP Group ahead of the release of key German …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13704.69 with take profit at 13731.80 Bearish Preference: Sell position is envisaged if price trades below 13621.60 with take profit at 13588.36 Fundamentals:No major fundamental Comment: U.S. stock index futures inched lower on Tuesday as investors assessed results from retailers Walmart (NYSE:WMT) and Home Depot , while signs …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1779.24 with take profit at 1781.56 Bearish Preference: Sell position is envisaged if price trades below 1775.31 with take profit at 1772.93 Fundamentals:No major fundamental Comment:It remains to be seen if the Federal Open Market Committee (FOMC) Minutes will influence the price of gold as the slowdown …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 95.46 with take profit at 96.05 Bearish Preference: Sell position is envisaged if price trades below 93.52 with take profit at 93.04 Fundamentals:No major fundamental Comment: Brent crude oil prices plunged lower to start the week after traders digested the downbeat US and Chinese economic data. In Asia, …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28820 with take profit at 1.28973 Bearish Preference: Sell position is envisaged if price trades below 1.28542 with take profit at 1.28412 Fundamentals:No major fundamental Comment: The USD/CAD pair regains some positive traction on Tuesday and reverses a part of the previous day’s sharp decline. The pair …
Instrument: US2000 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1941.3 with take profit at 1945.5 Bearish Preference: Sell position is envisaged if price trades below 1930.6 with take profit at 1922.9 Fundamentals:No major fundamental Comment:U.S. stock futures were slightly higher during Monday’s evening deals after major benchmark averages finished mixed during regular trading as market participants parsed a …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 97.04 with take profit at 97.44 Bearish Preference: Sell position is envisaged if price trades below 95.35 with take profit at 94.88 Fundamentals:No major fundamental Comment: WTI and Brent crude oil prices are shifting lower through Asia-Pacific trading, with the benchmarks tracking around 0.10% lower following a …
