Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27200 with take profit at 1.27375. Bearish Preference: A Sell position is envisaged if price trades below 1.27016 with take profit at 1.26845. Fundamentals:No major Fundamental Comment: Against the backdrop of eroding fundamentals, markets become increasingly sensitive to political risks as their capacity for inducing market-wide volatility …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 14030.21 with take profit at 14083.08. Bearish Preference: A Sell position is envisaged if price trades below 13898.03 with take profit at 13853.97. Fundamentals:No major Fundamental. Comment: We closed out this past week on a remarkably – almost unbelievably – bullish footing. Through extraordinary volatility and a …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.12829 with take profit at 1.12993. Bearish Preference: Sell position is envisaged if price trades below 1.12634 with take profit at 1.12462 . Fundamentals:4:00pm USD CB Consumer Confidence Comment: The dollar pushed higher in early dealings on Tuesday, as the violent snap back in U.S. …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.44 with take profit at 1796.51. Bearish Preference: Sell position is envisaged if price trades below 1789.43 with take profit at 1786.13. 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: Gold’s …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 36026 with take profit at 36054 Bearish Preference: Sell position is envisaged if price trades below 35950 with take profit at 35931 Fundamentals:No major fundamental Comment: Dow Jones wrapped up this past week with a loss, falling about 0.6%, 0.3% and 1% respectively.The slight increase …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21538 with take profit at 1.21687. Bearish Preference: Sell position is envisaged if price trades below 1.21279 with take profit at 1.21148. Fundamentals:1:30pm USD Core Retail Sales m/m USD PPI m/mUSD Retail Sales m/m Comment: FX markets have been quiet as measures of volatility have …
Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 133.101 with take profit at 133.257. Bearish Preference: Sell position is envisaged if price trades below 132.797 with take profit at 132.668. Fundamentals:No major Fundamentals Comment: FX markets have been quiet as measures of volatility have fallen across the board, but much of the lacking price action …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21925 with take profit at 1.22053. Bearish Preference: Sell position is envisaged if price trades below 1.21746 with take profit at 1.21655. Fundamentals:None with high impact on the pair. Comment: The dollar clung to marginal gains in early European trade Wednesday, but volatility was limited with traders …
Instrument: US100 Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 13732.21 with take profit at 13753.94. Bearish Preference: A sell position is envisaged if price trades below price 13652.56 with take profit at price 13618.58. Fundamentals:No major fundamental. Comment: US1OO Market were rather uneventful last week with volatility cooling off as we head into …
