Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.18682 with take profit at 1.19059 Alternative scenario: Sell position is envisaged if price trades below 1.18222 with take profit at 1.17947 Fundamentals:No major economic data with bearing on the pair. Comment: The broader sentiment on the greenback remain weak as Powell reiterated the …
Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.18330 with take profit at key level 1.17250 Alternative scenario: Buy position is envisaged if price trades above key level at 1.18745 with take profit at 1.19500 Fundamentals:1:30pm Average Hourly Earnings m/m USD1:30pm Non-Farm Employment Change USD1:30pm Unemployment Rate USD Comment: EURUSD has currently …
Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above key level at 1.18358 with take profit at 1.18902 Alternative scenario: Sell position is envisaged if price trades below 1.17658 with take profit at key level 1.16928 Fundamentals:10am ISM Non-Manufacturing PMI USD Comment: This pair got rejected after it hit a new higher high …
Instrument: AUDUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 0.73356 with take profit at 0.73044 Alternative scenario: Buy position is envisaged if price trades above 0.73848 with take profit at key level 0.74080 Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: Separate data from the Australian Bureau of Statistics showed Australia suffered its worst economic …
Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.8823 with take profit at 1.18450 Alternative scenario: Buy position is envisaged if price trades above 1.19353 with take profit at key level 1.19698 Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: The dollar bounced off two-year lows on Wednesday as U.S. data pointed to a …
Instrument: OIL Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 46.55 with take profit at 46.94 Alternative scenario: Sell position is envisaged if price trades below 46.22 with take profit at 45.65 Fundamentals:No major economic data with bearing on the commodity Comment: Black gold shrugged off the impact of the Hurricane of Friday and …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.30888 with take profit at 1.30778 Alternative scenario: Buy position is envisaged if price trades above 1.30945 with take profit at 1.31537 Fundamentals:1:30pm CAD GDP m/mUSD Core PCE Price Index m/mUSD Personal Spending m/m Comment: The loonie gained momentum despite the recovery of the …
Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above key level at 1.18540 with take profit at 1.19000 Alternative scenario: Sell position is envisaged if price trades below 1.17666 with take profit at key level 1.17000 Fundamentals:USD Fed Chair Powell Speaks 2:10pmUSD Jackson Hole Symposium all day Comment: The overall bearish out look …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.31084 with take profit at key level 1.30655 Alternative scenario: Buy position is envisaged if price trades above bearish structure 1.32438 with take profit at 1.33693 Fundamentals:USD Fed Chair Powell Speaks 2:10pmCAD BOC Gov Macklem Speaks 4:15pmUSD Jackson Hole Symposium all day Comment: on …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.31783 with take profit at 1.31625 Alternative scenario: Buy position is envisaged if price trades above 1.31941 with take profit at 1.32098 Fundamentals:3:30pm USD Crude Oil Inventories Comment: The CAD bulls may be facing exhaustion, having engineered a 1,500-pip decline in the USD/CAD pair …
