Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 84.95 with take profit at 85.12. Bearish Preference: Sell position is envisaged if price trades below 84.44 with take profit at 84.23. Fundamentals:3:30pm USD Crude Oil Inventories. Comment: Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37818 with take profit at 1.37918. Bearish Preference: Sell position is envisaged if price trades below 1.37438 with take profit at 1.37338. Fundamentals:Tentative: GBP Annual Budget Release Comment: The dollar edged lower in early European trade Wednesday in calm trading ahead of next week’s Federal Reserve …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1806.86 with take profit at 1809.16. Bearish Preference:Sell position is envisaged if price trades below 1798.57 with take profit at 1796.27. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: Gold was down on Tuesday morning in Asia. The dollar, which usually moves inversely to gold, …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.051 with take profit at 114.166. Bearish Preference: Sell position is envisaged if price trades below 113.851 with take profit at 113.717. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: The dollar edged higher Tuesday, rebounding from a one-month low although gains are small ahead of the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37947 with take profit at 1.38043. Bearish Preference: Sell position is envisaged if price trades below 1.37553 with take profit at 1.37438. Fundamentals:No major fundamental Comment: The dollar was up in early trading Tuesday morning in Asia, following a high reached overnight during the U.S. trading …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.39 with take profit at 85.53. Bearish Preference: Sell position is envisaged if price trades below 84.70 with take profit at 84.56. Fundamentals:No major fundamental Comment: Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23689 with take profit at 1.23776. Bearish Preference: Sell position is envisaged if price trades below 1.23490 with take profit at 1.23406. Fundamentals:No major fundamental Comment: The Canadian Dollar’s strength in recent days slowed heading into the final full trading week of October. Still, that leaves …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16127 with take profit at 1.16198. Bearish Preference: Sell position is envisaged if price trades below 1.15983 with take profit at 1.15909. Fundamentals:No major fundamental Comment: The safe haven US Dollar has recently lost momentum against major currency pairs as fundamentals continue to weigh on …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37947 with take profit at 1.38043. Bearish Preference: Sell position is envisaged if price trades below 1.37553 with take profit at 1.37438. Fundamentals:No major fundamental Comment: The GBP/USD pair extended its rejection slide from the very important 200-day SMA and witnessed some selling for the second …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1801.54 with take profit at 1803.18. Bearish Preference: Sell position is envisaged if price trades below 1795.04 with take profit at 1793.30. Fundamentals:No major fundamental Comment: Gold gained across the board last week as rising G10 inflation expectations outpaced gains in sovereign bond yields – …
