Instrument: GOLDs Bullish Preference: Buy position is envisaged if price trades above 1854.74 with take profit at 1858.33. Bearish Preference: Sell position is envisaged if price trades below 1843.73 with take profit at 1840.74. Fundamentals:No High Impact Comment: The dollar drew support from Friday’s data showing U.S. employment increased by the most in eight months in September, potentially setting up …
Instrument: US100 Bullish Preference: Buy position is envisaged if price trades above 15053.51 with take profit at 15086.69. Bearish Preference: Sell position is envisaged if price trades below 14937.80 with take profit at 14902.19. Fundamentals:No High Impact Comment: U.S. stocks slumped Monday as the escalating conflict between Israel and Hamas added …
Instrument: OIL Bullish Preference: Buy position is envisaged if price trades above 88.02 with take profit at 89.04. Bearish Preference: Sell position is envisaged if price trades below 85.86 with take profit at 84.84 Fundamentals:No High Impact Comment: Oil surged, along with European defense stocks, while airline shares plunged after Israel pounded the Palestinian enclave of Gaza in retaliation for …
Instrument: GBPJPY Bullish Preference: Buy position is envisaged if price trades above 182.366 with take profit at 182.593. Bearish Preference: Sell position is envisaged if price trades below 181.450 with take profit at 181.216. Fundamentals:No High Impact Comment: Japanese Labor Cash Earnings missed expectations in the early Friday trading session, holding …
Instrument: USDJPY Bullish Preference: Buy position is envisaged if price trades above 149.189 with take profit at 149.348 Bearish Preference: Sell position is envisaged if price trades below 148.724 with take profit at 148.559 Fundamentals:USD 1:30 PMAverage Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate CAD 1:30 PMUnemployment Rate Employment Change Comment: Japan’s new interpretation of “excessive” yen volatility …
Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.13355 with take profit at 1.34761. Bearish Preference: A sell position is envisaged if the price trades below 1.36753 with take profit at 1.36490 Fundamentals:USD 1:30PMAverage Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate …
Instrument: GOLD Bullish Preference: Buy position is envisaged if price trades above 1824.29 with take profit at 1825.48. Bearish Preference: Sell position is envisaged if price trades below 1821.51 with take profit at 1820.14. Fundamentals:1:30pm USD Unemployment Claims Comment: Gold can’t seem to put in a positive close these days, even when the dollar and Treasury yields are in retreat. …
Instrument: OIL Bullish Preference: A buy position is envisaged if the price trades above 84.82 with take profit at 85.31. Bearish Preference: A sell position is envisaged if the price trades below 83.89 with take profit at 83.37. Fundamentals:1:30pm USD Unemployment Claims Comment: Oil prices fell by more than $1 on Thursday, extending the previous session’s sharp losses as an …
Instrument: GBPUSD Bullish Preference: Buy position is envisaged if price trades above 1.21489 with take profit at 1.21654. Bearish Preference: Sell position is envisaged if price trades below 1.21167 with take profit at 1.21058. Fundamentals:1:30pm USD Unemployment Claims Comment: The dynamics of the USD have been significantly influenced by expectations of a hawkish Federal Reserve. This has been further compounded …
Instrument: EURUSD Bullish Preference: Buy position is envisaged if the price trades above 1.05160 with take profit at 1.05244. Bearish Preference: Sell position is envisaged if the price trades below 1.05019 with take profit at 1.04925. Fundamentals:1:30pm USD Unemployment Claims Comment: The U.S. dollar edged lower Thursday after weak employment data resulted in a moderation in U.S. Treasury yields, while …
