Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31053 with take profit at 31112. Bearish Preference: Enter a Sell position if price trades below 30948 with take profit at 30832. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: U.S. stocks finished Tuesday trading higher but the Dow missed booking its first record peak …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13968.90 with take profit at 13982.50. Bearish Preference: Sell is envisaged if price trades below 13983.80 with take profit at 13933.80. Fundamentals:No Major Fundamentals Comment: Germany reported an increase in coronavirus cases even as most of Europe was under the strictest restrictions, worldwide coronavirus cases surpassed …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisaged if price trades above 55.35 with take profit at 55.98. Bearish Preference: Sell is envisaged if price trades below 54.52 with take profit at 54.04. Fundamentals:No Fundamentals. Comment: Oil prices saw a surge last week, and we can attribute that to the rise in vaccine distribution, we expect prices to cool …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13707.25 with take profit at 13717.50. Bearish Preference: Sell is envisaged if price trades below 13642.15 with take profit at 13623.10. Fundamentals:No Major Fundamentals Comment: Germany stocks were mixed after the close on Monday the first trading day of the new year, as gains in the Retail, …
Instrument: Oil Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 50.56 with a take profit 50.96. Bearish Preference: Enter a Sell position if price trades below 50.04 with take profit at 49.60 Fundamentals:no major economic data with direct bearing to this commodity. Comment: Oil has been caught in a string of bad news, as top traders …
Instrument: GOLD Technical Analysis Bullish Preference: Buy if price trades above 1859.28 with take profit at 1862.15. Bearish Preference: A sell is envisaged when price trades below 1849.26 with take profit at 1847.91. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:45pm USD Flash Manufacturing PMI Comment: Gold was up on Wednesday morning in Asia, with investors monitoring progress …
Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 29985 with take profit at 30106 Bearish Preference: Sell is envisaged if price trades below 29888 with take profit at 29774 Fundamentals:USD Import Prices m/m Industrial Production m/m Comment: U.S. stocks are seen opening higher this week, as investors weigh up the roll out …
Instrument: OILs Technical Analysis Bullish Preference: Buy is envisaged if price trades above 50.15 with take profit at 50.87. Bearish Preference: Sell is envisaged if price trades below 49.61 with take profit at 48.81. Fundamentals:No Major Fundamentals Comment: Oil prices fell on Tuesday due to tighter lockdown in Europe and a forecast for a slower recovery in demand next year outweighed …
Instrument: NZDUSD Technical Analysis Bullish Preference: Buy if price trades above 0.69741 with take profit at 0.69841. Bearish Preference: A sell is envisaged when price trades below 0.69443 with take profit at 0.69343. Fundamentals:4:00pm USD Revised UoM Consumer Sentiment8:00pm USD FOMC Meeting Minutes Comment: The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a …
Instrument: GOLD Technical Analysis Bearish Preference: Sell if price trades below 1794.48 with take profit at 1774.96. Bullish Preference: A buy is envisaged when price trades above 1831.98 with take profit at 1865.14 Fundamentals:4:00pm USD Revised UoM Consumer Sentiment8:00pm USD FOMC Meeting Minutes Comment: Gold was down on Wednesday morning in Asia as investor risk appetite grows on vaccine hopes …
