Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.14648 with take profit at 1.14746. Bearish Preference: Sell position is envisaged if price trades below 1.14262 with take profit at 1.14165. Fundamentals:No Major Fundamental Comment: The Euro is continuing to suffer from the perception that the European Central Bank will not be tightening monetary policy …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.96 with take profit at 1792.96. Bearish Preference: Sell position is envisaged if price trades below 1784.80 with take profit at 1782.80. Fundamentals:1:30pm USD Core Durable Goods Order Comment: It appears that gold is struggling to maintain gains above USD 1800.00. It appears that despite …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1779.17 with take profit at 1782.25. Bearish Preference: Sell position is envisaged if price trades below 1770.30 with take profit at 1767.60. Fundamentals:1:30pm USD Core Retail Sales m/m USD Retail Sales m/m Comment: On Thursday, gold traders even ignored the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19025 with take profit at 1.19177. Bearish Preference: Sell position is envisaged if price trades below 1.18812 with take profit at 1.18692. Fundamentals:7:00 pm USD Fed Chair Powell Testifies Comment: All eyes are on Fed chief Jerome Powell who appears before U.S. Congress from 1800 GMT, although …
