Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.75 with take profit at 1792.24 Bearish Preference: Sell position is envisaged if price trades below 1781.83 with take profit at 1780.37 Fundamentals:No major fundamental Comment:Unlike the price action in June, gold attempts to push above the moving average as it retraces the decline following the US …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 78.18 with take profit at 78.43 Bearish Preference: Sell position is envisaged if price trades below 77.42 with take profit at 77.14 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Few could have predicted that after an already extensive bull run this year amid recovering demand, oil …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.21532 with take profit at price 1.21621. Bearish Preference: A sell position is envisaged if price trades below price 1.21228 with take profit at price 21121. Fundamentals:None with high impact. Comment: The recent rally in EUR/USD appears to have stalled ahead of the …
