Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades 1776.08 above with take profit at 1778.07. Bearish Preference: Sell position is envisaged if price trades below 1769.13 with take profit at 1767.32. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: Gold had another uninspiring night as it remains marooned in a USD 1770.00 to USD …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.93 with take profit at 82.13. Bearish Preference: Sell position is envisaged if price trades below 81.49 with take profit at 81.33. Fundamentals:4:30pm Crude Oil Inventories Comment: Crude oil prices are on track to drop nearly 2% this week as US production ramps up. The weak price action comes …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16069.6 with take profit at 16087.7 Bearish Preference: Sell position is envisaged if price trades below 16035.4 with take profit at 16018.0 Fundamentals:11:00am EUR ZEW Economic SentimentEUR German ZEW Economic Sentiment2:00pm EUR ECB President Lagarde Speaks Comment: Strength in commodity-linked sectors helped European stocks inch …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37606 with take profit at 1.37722 Bearish Preference: Sell position is envisaged if price trades below 1.37287 with take profit at 1.37177. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Manufacturing PMI Comment: The dollar edged higher Wednesday, but remains near its lowest point in three …
