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Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 11869.68 with take profit at 11884.61
Bearish Preference:
Sell position is envisaged if price trades below 11829.88 with take profit at 11816.31
Fundamentals:
No major fundamental
Comment:
Against a basket of currencies, the U.S. dollar index stood at 106.06, edging up 0.2% on the day, after thin trading on Thursday due to the U.S. Thanksgiving holiday. Minutes from the Fed’s November meeting released earlier this week showed that a “substantial majority” of policymakers agreed it would soon be appropriate to slow the pace of interest rate rises.
Analysis: SCRUM Team
