Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 93.38 with take profit at 93.69 . Bearish Preference: Sell position is envisaged if price trades below 93.00 with take profit at 92.67. Fundamentals:No major Fundamental. Comment: Crude oil prices soared about 5.9 percent this past week, bringing the commodity to close out at a new 2022 …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1876.35 with take profit at 1883.37. Bearish Preference: Sell position is envisaged if price trades below 1866.50 with take profit at 1859.32. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:15pm USD Industrial Production m/m Comment: November holds more inflation reports due from G10 economies, which …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23689 with take profit at 1.23776. Bearish Preference: Sell position is envisaged if price trades below 1.23490 with take profit at 1.23406. Fundamentals:No major fundamental Comment: The Canadian Dollar’s strength in recent days slowed heading into the final full trading week of October. Still, that leaves …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.38264 with take profit at price 1.38414. Bearish Preference: A sell position is envisaged if price trades below price 1.37929 with take profit at price 1.37785. Fundamentals: No major fundamental. Comment: The US Dollar remains in a consolidative state against the British Pound. In the medium term, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38530 with take profit at 1.38749. Bearish Preference: Sell position is envisaged if price trades below 1.37656 with take profit at 1.37423. Fundamentals:None with a high impact on the pair. Comment: GBP/USD experienced the worst week in about 9 months, extending June’s top. The pair also cleared …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy is envisage if price trades above 1836.74 with take profit at 1842.72. Bearish Preference: Sell is envisaged if price trades below 1825.16 with take profit at 1820.22. Fundamentals:USD 1:30 PM Core Retail sales Retail sales USD 2:15 PM Industrial Production …
Instrument: CADJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 89.918 with take profit at price 90.068. Bearish Preference: A sell position is envisaged if price trades below price 89.625 with take profit at price 89.427. Fundamentals:No major fundamental. Comment: CAD/JPY rates have maintained their uptrend from the March and November 2020 lows unlike …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 151.362 with take profit at 151.562. Bearish Preference: Sell position is envisaged if price trades below 150.820 with take profit at 150.620. Fundamentals:None with high impact Comment: The British pound has rallied a bit during the trading session on Tuesday but has given back some of …
