Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 1.12424 with take profit at 1.12805. Alternative scenario: Sell is in order if price trades below 1.11758 with take profit at 1.11698. Fundamentals:ALL DAY EUR Economic Summit Comment: Technically price is at a proven support and sentiments seems to favour the EUR today given fundamentals from …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 25764 with take profit at key level 25446. Alternative scenario: Buy if price trades above 26050 with take profit at 26314. Fundamentals:No major economic data with a direct bearing to this index Comment: This index prior to today was ranging at a strong key level, …
Intraday: Bearish Technical Analysis Preference: A Sell is in order if prices trade below 133.490 with take profit at 133.071. Alternative scenario: Buy is in order if price trades above 134.344 with take profit at 135.112. Fundamentals:12pm GBP Asset Purchase FacilityMPC Asset Purchase Facility VotesMPC Official Bank Rate VotesMonetary Policy SummaryOfficial Bank Rate Comment: This pair recently got rejected at a monthly key …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 1.12993 with take profit at 1.13330. Alternative scenario: Sell is in order if price trades below 1.12627 with take profit at 1.12189. Fundamentals:5:00pm USD Fed Chair Powell Testifies Comment: The dollar drifted lower in early European trade Wednesday, but ranges are tight as investors …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 41.01 with take profit at 41.57. Alternative scenario: Sell is in order if price trades below 39.62 with take profit at 38.74. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Technically, price is currently trading bullish and this move will be confirmed if price can break the …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 0.64624 with take profit at 0.65055 Alternative scenario: Sell is in order if price trades below 0.64347 with take profit at 0.63931. Fundamentals:Core Retail Sales m/m (USD) 1:30 pmRetail Sale m/m (USD) 1:30 pmFed Chair Powell Testifies 3:00pm Comment: Technically on the H1 there is …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 26135 with take profit at 26591. Alternative scenario: Sell is in order if price trades below 25889 with take profit at 25373. Fundamentals:1:30PM USD Core Retail Sales m/m 3:00PM Fed Chair Powell Testifies Comment: Stocks has been on a upward move this week and they look …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 37.52 with take profit at 36.00 Alternative scenario: Buy position is envisaged if price trades above 37.97 with take profit at 38.46 Fundamentals:No major economic data with direct bearing on the commodity Comment: Oil is envisaged to be pressured by increasing concern of a second wave of COVID19 infections …
