Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.27301 with take profit at 1.26968. Bullish Preference: Buy is envisaged if price trades above 1.28199 with take profit at 1.28560. Fundamentals:USD Final Manufacturing PMIUSD ISM Manufacturing PMIUSD ISM Manufacturing PricesCAD Manufacturing PMI Comment: Technically, on the D1 we see that the 50 EMA is serving …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1832.27 with take profit at 1823.53. Bullish Preference: Buy is envisaged if price trades above 1839.95 with take profit at 1844.21. Fundamentals:Advance GDP q/q 2:30pm USD Comment: Gold has been weighed down drastically recently and this is major because of the increase in the strength of the …
Instrument: EURUSD Technical Analysis Bearish Preference: Enter a Sell position if price trades below 1.20561 with take profit at 1.20180. Bullish Preference: Buy position is envisaged if price trades above 1.21048 with a take profit 1.21682. Fundamentals:Advance GDP q/q 2:30pm USD Comment: The dollar gained massive strength yesterday after the federal reserve meeting where we saw Jerome Powell stating …
Instrument: USDJPY Technical Analysis Bearish Preference: Buy position is envisaged if price trades above 103.836 with take profit at 103.975 Bullish Preference: Sell position is envisaged if price trades below 103.556 with take profit at 103.439 Fundamentals:USD CB Consumer Confidence 4PM Comment: The dollar was down on Tuesday morning in Asia, after seeing small gains earlier in the session …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.36675 with take profit at 1.36484. Bullish Preference: Buy is envisaged if price trades above 1.37571 with take profit at 1.37891. Fundamentals:No Fundamentals Comment: The dollar did fall lower earlier today, but the expected stimulus package which is being debated by congress at the moment is …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 103.952 with take profit at 104.066. Bearish Preference: Sell position is envisaged if price trades below 103.576 with take profit at 103.477 Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m Comment: The dollar was up on Friday morning in Asia, however Federal Reserve Chair …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1847.77 with take profit at 1862.62. Bearish Preference: Sell is envisaged if price trades below 1827.27 with take profit at 1800.00. Fundamentals:Fed Chair Powell Speaks USD 6:30pm Comment: Gold has been seen trading and ranging around the verified support zone and the previous bearish move was after the …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31157 with take profit at 31170. Bearish Preference: Sell position is envisaged if price trades below the 30825 with take profit at 30810. Fundamentals:2:30pm USD Import m/mUSD Unemployment Claims Comment: Equities remain supported by the prospect of more fiscal aid for the economy from the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.35155 with take profit at 1.35546. Bearish Preference: Sell is envisaged if price trades below 1.34728 with take profit at 1.34312. Fundamentals:No Fundamentals Comment: The buck had some strength last week Friday as this could be attributed to data’s that favored the USD, we saw average …
Instrument: NZDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.70466 with a take profit 0.70035. Bearish Preference: Enter a Sell position if price trades below 0.70789 with take profit at 0.71032. Fundamentals:2:30 pm USD Final GDP q/q Comment: The dollar has been trading above major pairs but the fear of the new COVID has stopped …
