Instrument: USDCHF Technical Analysis Bullish Preference: Buy is envisaged if price trades above 0.91029 with take profit at 0.91150. Bearish Preference: Sell is envisaged if price trades below 0.90826 with take profit at 0.90528. Fundamentals:Manufacturing PMI (USD) 3:45PM Comment: The buck has been struggling to break a high of 0.91239 zone and price keeps re-testing a strong support at 0.90889. …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisaged if price trades above 45.61 with take profit at 46.12. Bearish Preference: Sell is envisaged if price trades below 44.96 with take profit at 44.46. Fundamentals:No Major Fundamentals Comment: Brent prices rose as investor and traders eyed a recovery in crude oil demand, thanks to the successful corona-virus vaccine trials, also …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy if price trades above 1.18651 with take profit at 1.18704 Bearish Preference: A sell is envisaged when price trades below 1.18165 with take profit at 1.18125. Fundamentals:USD Philly Fed Manufacturing IndexUSD Unemployment ClaimsEUR ECB President Lagarde SpeaksUSD CB Leading Index m/m Comment: Immediate risks posed by the surge in infections to the …
Instrument: DE30 Technical Analysis Bearish Preference: Sell if price trades below 12916.30 with take profit at 12868.20. Bullish Preference: Buy if price trades above 13073.72 with take profit at 13149.65. Fundamentals:No major fundamentals Comment: European Central Bank President Christine Lagarde cautioned Wednesday over expecting too much too soon from a Covid-19 vaccine. She said “While the latest news on …
Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.18598 with take profit at 1.18898 Alternative scenario: Sell position is envisaged if price trades below 1.18402 with take profit at 1.18153 Fundamentals:No major economic data with bearing on the pair. Comment: The Fed position has been bearish for the dollar over a couple …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 27859 with take profit at key level 28022. Alternative scenario: Sell if price trades below 27667 with take profit at 27524. Fundamentals:1:30pm USD CPI m/mUSD Core CPI m/m Comment: U.S. stock futures rose slightly in overnight trading and pointed to gains at the open …
Instrument: GBPUSD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.25210 with take profit at key level 1.24862. Alternative scenario: Buy position is envisaged if price trades above 1.25706 with take profit at 1.26014. Fundamentals:No fundamental with direct impact on the pair Comment: The dollar strengthened between yesterday and today after news of positive …
Instrument: GBPUSD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.25215 with take profit at key level 1.24638. Alternative scenario: Buy position is envisaged if price trades above 1.25716 with take profit at 1.26205. Fundamentals:EUR 12:45pmMain Refinancing RateMonetary Policy StatementECB Press Conference USD 1:30pmCore Retail Sales m/mRetail Sales m/m Comment: The dollar strengthened between …
