Instrument: US30 Technical Analysis Bearish Preference: A sell is envisaged when price trades below 29419 with take profit at 29110. Bullish Preference: Buy if price trades above 29739 with take profit at 29882. Fundamentals:No Major fundamental(s). Comment: The Dow cut some losses but ended lower Tuesday, as investors digested data showing signs of weakness in the U.S. consumer, while …
Instrument: GOLD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1921.53 with take profit at key level 1930.92. Alternative scenario: Sell position if price trades below 1907.92 with the take profit at 1899.67. Fundamentals:CPI m/m (USD) 1:30 pmCore CPI m/m (USD) 1:30 pm Comment: We see that the dollar and gold does have some …
Instrument: NZDUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 0.66466 with take profit at key level 0.66311. Alternative scenario: Buy if price trades above 0.66753 with take profit at 0.66923. Fundamentals:CPI m/m (USD) 1:30 pmCore CPI m/m (USD) 1:30 pm Comment: On the H1 we see the instrument is on a strong …
Instrument: AUDUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 0.71568 with take profit at key level 0.71801. Alternative scenario: Sell if price trades below 0.71276 with take profit at 0.71101. Fundamentals:Annual Budget Release (AUD) 9:30 pmFed Chair Powell Speaks (USD) 3:40 pm Comment: The instrument closed bullish yesterday, despite the positive news from …
Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.17351 with take profit at 1.17460. Alternative scenario: Sell position is envisaged if price trades below 1.17184 with take profit at 1.17077. Fundamentals:ISM Non-Manufacturing PMI (US) 3 PMEurogroup Meetings (EUR) All-day Comment: The dollar traded flat against major currencies last week as the return …
Instrument: GOLD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1955.00 with take profit at 1958.60. Alternative scenario: Sell position is envisaged if price trades below 1949.00 with take profit at key level at 1945.00. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Gold gained massive strength earlier Friday morning due …
Instrument: US30 Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 27830 with take profit at 27905 Alternative scenario: Sell position is envisaged if price trades below 27710 with take profit at key level 27608 Fundamentals:None with direct impact on the index. Comment: Stocks suffered losses but finished above session lows Thursday, and today, …
Instrument: US30 Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price below 27647 with take profit at 27496 Alternative scenario: Buy position is envisaged if price trades above 27845 with take profit at key level 28003 Fundamentals:None with direct impact on the index Comment: Wall Street plunged Thursday as big tech gave up early-day gains and signs …
Instrument: USDCAD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.31415 with take profit at key level 1.31584 Alternative scenario: Sell position is envisaged if price below 1.31008 with take profit at 1.30788 Fundamentals:No major economic data with bearing on the pair. Comment: The loonie pair marks the second day of run-up as market sentiment favors …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 41.67 with take profit at 41.15 Alternative scenario: Buy position is envisaged if price trades above 44.00 with take profit at 44.30 Fundamentals:No major economic data with bearing on the commodity Comment: The commodity is envisaged to trade lower in today’s session as Oil …
