Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1825.93 with take profit at 1827.78 . Bearish Preference: Sell position is envisaged if price trades below 1821.44 with take profit at 1819.59 . Fundamentals:No Major Fundamental Comment: With higher vaccine efficacy shown by the Johnson & Johnson offering, the seriousness of the Omicron variant has …
Instrument: OIL Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 73.24 with take profit at 73.52. Bearish Preference: Sell position is envisaged if price trades below 72.48 with take profit at 72.18. Fundamentals:None with high impact on the commodity. Comment: Oil prices fell for a third day straight on Wednesday on growing signs that supply growth …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32566 with take profit at 1.32694. Bearish Preference: Sell position is envisaged if price trades below 1.32375 with take profit at 1.32238. Fundamentals:No Major Fundamental. Comment: The UK kicked off 2021 with an advantage – it secured more vaccines than its peers in the West, and …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades 15690.0 above with take profit at 15709.9. Bearish Preference: Sell position is envisaged if price trades below 15580.3 with take profit at 15560.0. Fundamentals:No major fundamental Comment: Global equity markets turned higher last week, boosted by studies suggesting the Omicron variant of the Covid-19 virus caused …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13421 with take profit at 1.13694. Bearish Preference: Sell position is envisaged if price trades below 1.13142 with take profit at 1.12855. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida Speaks Comment: European …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26469 with take profit at 1.26650. Bearish Preference: Sell position is envisaged if price trades below 1.25684 with take profit at 1.25527. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: Full approval of other vaccines are set to follow shortly, and on Tuesday, Dr. Anthony Fauci, the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15078.68 with take profit at 15102.94. Bearish Preference: Sell position is envisaged if price trades below 15012.22 with take profit at 14988.62. Fundamentals:1:15pm USD ADP Non-Farm Employment …
