Instrument: OIL Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 73.24 with take profit at 73.52. Bearish Preference: Sell position is envisaged if price trades below 72.48 with take profit at 72.18. Fundamentals:None with high impact on the commodity. Comment: Oil prices fell for a third day straight on Wednesday on growing signs that supply growth …
Instrument: EURGBP Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.85197 with take profit at 0.85303. Bearish Preference: Sell position is envisaged if price trades below 0.84957 with take profit at 0.84859. Fundamentals:8:00am GBP CPI y/y Comment: The BoE is in a tough spot ahead of the policy meeting on Thursday, and it remains uncertain whether …
Instrument: GOLDs Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 1771.89 with take profit at 1773.79. Bearish Preference: Sell position is envisaged if price trades below 1764.94 with take profit at 1762.62. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m8:00pm USD FOMC Economic Projections Comment: Gold was down on Wednesday morning in Asia, as …
Instrument: GOLDs Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 1785.97 with take profit at 1787.65. Bearish Preference: Sell position is envisaged if price trades below 1781.63 with take profit at 1779.97. Fundamentals:No major fundamental Comment: Gold prices were down on Tuesday morning, but moves were small as investors await decisions from key central banks …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32566 with take profit at 1.32694. Bearish Preference: Sell position is envisaged if price trades below 1.32375 with take profit at 1.32238. Fundamentals:No Major Fundamental. Comment: The UK kicked off 2021 with an advantage – it secured more vaccines than its peers in the West, and …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.12844 with take profit at 1.12926. Bearish Preference: Sell position is envisaged if price trades below 1.12642 with take profit at 1.12546. Fundamentals:2:30pm USD PPI m/mUSD Core PPI m/m Comment: This is a potentially very volatile week for the EURUSD pair as both US and European …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades 15690.0 above with take profit at 15709.9. Bearish Preference: Sell position is envisaged if price trades below 15580.3 with take profit at 15560.0. Fundamentals:No major fundamental Comment: Global equity markets turned higher last week, boosted by studies suggesting the Omicron variant of the Covid-19 virus caused …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27604 with take profit at 1.27789. Bearish Preference: Sell position is envisaged if price trades below 1.27299 with take profit at 1.27128. Fundamentals:No major fundamental Comment: USD/CAD has soared since late October amid weak oil prices and broad-based U.S. dollar strength, triggered by rising yields on …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades 15804.8 above with take profit at 15833.5. Bearish Preference: Sell position is envisaged if price trades below 15731.8 with take profit at 15697.6. Fundamentals:No major fundamental Comment: German stocks were lower after the close on Friday, as losses in the Retail, Technology and Consumer & Cyclical …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1786.65 with take profit at 1788.34. Bearish Preference: Sell position is envisaged if price trades below 1782.04 with take profit at 1780.34. Fundamentals:6:00pm GBP Bank Stress Test Results6:30pm GBP BOE Gov Bailey Speaks Comment: Gold was up on Monday morning in Asia, as investors await key …
