Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1741.50 with take profit at 1744.47 Bearish Preference: A Sell position is envisaged if price trades below price 1741.50 with take profit at 1744.47 Fundamentals:None with high impact. Comment:Gold and Silver prices came under selling pressure to start the new trading week. Taking …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.05410 with take profit at 1.05484 Bearish Preference: Sell position is envisaged if price trades below price 1.05226 with take profit at 1.05121 Fundamentals:2:00pm EUR ECB President Lagarde Speaks2:30pm USD Fed Chair Powell Speaks Comment:The U.S. dollar edged higher in early European trade …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14464.65 with take profit at 14498.35. Bearish Preference: Sell position is envisaged if price trades below 14335.80 with take profit at 14302.10. Fundamentals:No Major Fundamentals. Comment: U.S. stocks are seen opening marginally higher Tuesday, recovering after the previous session’s weakness sparked by Federal Reserve Chairman Jerome Powell …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33125 with take profit at 33189 . Bearish Preference: Sell position is envisaged if price trades below 33018 with take profit at 32927. Fundamentals:No major Fundamental Comment: Global stocks markets were roiled as Russia’s attack on Ukraine prolonged for over a week. European markets were particularly damaged,Nasdaq …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25299 with take profit at 1.25422. Bearish Preference: Sell position is envisaged if price trades below 1.24759 with take profit at 1.24590. Fundamentals:2:30pm USD Retail Sales Comment: The persistent weakness in the US dollar, despite the uptick in the Treasury yields, recalls sellers, as investors remain …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72273 with take profit at 0.72373. Bearish Preference: Sell position is envisaged if price trades below 0.71938 with take profit at 0.71818. Fundamentals:2:30pm USD Core CPI Comment: The dollar was down on Wednesday morning in Asia, dropping to its weakest since November 2021 after U.S. Federal Reserve Chairman …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24085 with take profit at 1.24198. Bearish Preference: Sell position is envisaged if price trades below 1.23709 with take profit at 1.23575. Fundamentals:No major fundamental Comment: USD/CAD licks the week-start wounds near 1.2375 amid a quiet Asian session on Tuesday. The Loonie pair benefited from the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38033 with take profit at 1.38134. Bearish Preference: Sell position is envisaged if price trades below 1.37738 with take profit at 1.37642. Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The GBP/USD pair has managed to erase a portion of …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25622 with take profit at 1.25743. Bearish Preference: Sell position is envisaged if price trades below 1.25388 with take profit at 1.25275. Fundamentals: No major Fundamentals Comment: The U.S. labor market cooled sharply in August, hurt by weakness in the leisure and hospitality sector amid another major coronavirus …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37956 with take profit at 1.38102. Bearish Preference: Sell position is envisaged if price trades below 1.37663 with take profit at 1.37523. Fundamentals: 2:45pm USD Chicago PMI3:00pm USD CB Consumer Confidence Comment: The dollar fell to two-week lows in early European trade Tuesday, continuing the weakness stemming from Federal …
