Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.84935 with take profit at 0.84992. Bearish Preference: Sell position is envisaged if price trades below 0.84813 with take profit at 0.84748. Fundamentals:No major fundamental. Comment: EUR/GBP remains pointing lower but has been unable to make a strong, confirmed break below 0.8500 despite the chart set-up looking increasingly …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.478 with take profit at 109.671. Bearish Preference: Sell position is envisaged if price trades below 109.228 with take profit at 109.051. Fundamentals:No major fundamental. Comment: The US Dollar is seeing some movement Friday morning. USD price action has been trading on its back foot for most of …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17402 with take profit at 1.17509. Bearish Preference: Sell position is envisaged if price trades below 1.17272 with take profit at 1.17154. Fundamentals:USD 1:30PM PPI m/m Core PPI m/m …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19594 with take profit at 1.19789. Bearish Preference: Sell position is envisaged if price trades below 1.19087 with take profit at 1.18840. Fundamentals:8:30 am EUR German Flash Manufacturing PMI EUR German Flash Services PMI9:00 am EUR Flash Manufacturing …
