Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.34 with take profit at 84.58 Bearish Preference: Sell position is envisaged if price trades below 83.42 with take profit at 83.23 Fundamentals:No major fundamental Comment: Oil rose further above $84 a barrel on Friday, within sight of a multi-year high hit this week, as expectations …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38033 with take profit at 1.38134. Bearish Preference: Sell position is envisaged if price trades below 1.37738 with take profit at 1.37642. Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The GBP/USD pair has managed to erase a portion of …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1798.47 with take profit at 1800.59 Bearish Preference: Sell position is envisaged if price trades below 1793.22 with take profit at 1790.35 Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: Gold was down on Friday morning in Asia, …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16793 with take profit at 1.16889. Bearish Preference: Sell position is envisaged if price trades below 1.16544 with take profit at 1.16441. Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The dollar hovered near its weakest level in a …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.70 with take profit at 1809.83 Bearish Preference: Sell position is envisaged if price trades below 1794.35 with take profit at 1789.05 Fundamentals:1:30pm Advanced GDP 1:30pmUnemployment Claims Comment: Gold up as US Bond Yields Falls. We are in a consolidation period for gold, but policy …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.670 with take profit at 113.799. Bearish Preference: Sell position is envisaged if price trades below 113.474 with take profit at 113.357. Fundamentals:1:30PM US Advance GDP q/q1:30pm Unemployment Claims Comment: The dollar edged higher in early European hours Thursday, with policy decisions by central bankers in …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.45 with take profit at 83.66 Bearish Preference: Sell position is envisaged if price trades below 82.91 with take profit at 82.74 Fundamentals:None with high impact on this commodity. Comment: Outbreaks of coronavirus infections in China and record deaths and the threat of lockdowns in …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37806 with take profit at 1.37900. Bearish Preference: Sell position is envisaged if price trades below 1.37519 with take profit at 1.37416. Fundamentals:1:30PM US Advance GDP q/q Comment: GBPUSD is currently trying to get back above 1.3745 while the U.S. dollar is flat against a broad …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.96 with take profit at 1792.96. Bearish Preference: Sell position is envisaged if price trades below 1784.80 with take profit at 1782.80. Fundamentals:1:30pm USD Core Durable Goods Order Comment: It appears that gold is struggling to maintain gains above USD 1800.00. It appears that despite …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16059 with take profit at 1.16125. Bearish Preference: Sell position is envisaged if price trades below 1.15824 with take profit at 1.15736. Fundamentals:1:30pm USD Core Durable Goods Order Comment: EUR/USD has been moving up and down in a tight channel around 1.1600 since Tuesday with investors …
