Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.17834 with take profit at 1.18932. Alternative scenario: Sell position is envisaged if price trades below 1.17032 with take profit at 1.16440. Fundamentals:ISM Manufacturing PMI (USD) 3 PM Comment: The greenback recovered some lost ground earlier today as a technical retracement on the pair. …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 26358 with take profit at 26427. Alternative scenario: Sell position is envisaged if price trades below 26271 with take profit at 26196. Fundamentals:7:00pm USD FOMC Statement Federal Funds Rate Comment: The US seems to be in a race to complete details of a $1 …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 43.96 with take profit at 44.60. Alternative scenario: Sell position is envisaged if price trades below 43.47 with take profit at 43.09. Fundamentals:3:30pm USD Crude Oil Inventories. Comment: Oil prices rose on Wednesday after an industry report showed that crude inventories in the United …
Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.17225 with take profit at key level 1.17616. Alternative scenario: Sell if price trades below 1.16784 with take profit at 1.16393. Fundamentals:No Fundamentals. Comment: The division in the US senate on what should be included in the Latest COVID -19 stimulus package has created …
Instrument: EURJPY Intraday: Bullish Technical Analysis Preference: Buy if price trades above 123.740 with take profit at 123.964. Alternative scenario: Sell position is envisaged if price trades below 123.502 with take profit at key level 123.263. Fundamentals:No Fundamentals. Comment: Technically on the weekly time frame we can this instrument testing the 200 MA previous weeks without success in breaking it. There are …
Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.17356 with take profit at 1.18290. Alternative scenario: Sell position is envisaged if price trades below 1.16712 with take profit at 1.15987. Fundamentals:Core Durable Goods Orders m/m (USD) 1:30 PMDurable Goods Orders m/m (USD) 1:30 PM Comment: The pair crossed the 1.17 price mark …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 42.95 with take profit at 42.41. Alternative scenario: Buy position is envisaged if price trades above 43.34 with take profit at 43.79. Fundamentals:No major economic data with bearing on this commodity. Comment: The commodity is envisaged to lose traction and trade lower as tensions …
Instrument: GBPUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.27250 with take profit at 1.27665 Alternative scenario: Sell position is envisaged if price trades below 1.27104 with take profit at 1.26950 Fundamentals:2:45PM USD Flash Manufacturing PMI Comment: China ordered the United States to close its consulate in the city of Chengdu on Friday, …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 43.51 with take profit at 43.91. Alternative scenario: Sell position is envisaged if price trades below 42.80 with take profit at 42.50. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Oil has been bouncing off positive sentiments as tensions between the …
