Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.73 with take profit at 1796.07. Bearish Preference: Sell position is envisaged if price trades below 1785.79 with take profit at 1784.04. Fundamentals: No major fundamental. Comment: Gold was down on Monday morning in Asia as the dollar continued to strengthen. Investors now look to U.S. data for …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.38264 with take profit at price 1.38414. Bearish Preference: A sell position is envisaged if price trades below price 1.37929 with take profit at price 1.37785. Fundamentals: No major fundamental. Comment: The US Dollar remains in a consolidative state against the British Pound. In the medium term, …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.18552 with take profit at price 1.18667. Bearish Preference: A sell position is envisaged if price trades below price 1.18148 with take profit at price 1.18041. Fundamentals: EUR 10:30 AM ECB President Lagarde …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.51 with take profit at 72.68. Bearish Preference: Sell position is envisaged if price trades below 71.86 with take profit at 71.69. Fundamentals: No major fundamentals Comment: Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although benchmarks …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.18378 with take profit at price 1.18494. Bearish Preference: A sell position is envisaged if price trades below price 1.18245 with take profit at price 1.18145. Fundamentals: EUR 12:45PM Monetary Policy Statement Main Refinancing Rate 1:30PM ECB Press ConferenceUSD 1:30pm Unemployment Claims4:00PM …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1800.65 with take profit at 1802.90. Bearish Preference: Sell position is envisaged if price trades below 1792.93 with take profit at 1791.07. Fundamentals: EUR 12:45PM Monetary Policy Statement Main Refinancing Rate 1:30PM ECB Press ConferenceUSD 1:30pm Unemployment Claims4:00PM FOMC Member Daly Speaks …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 110.021 with take profit at price 110.107. Bearish Preference: A sell position is envisaged if price trades below price 109.879 with take profit at price 109.786. Fundamentals: USD 1:30PM Unemployment Claims …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.71 with take profit at 72.83. Bearish Preference: Sell position is envisaged if price trades below 72.35 with take profit at 72.23. Fundamentals:USD 4:00PM Crude Oil Inventories Comment: U.S. production is struggling to recover from Hurricane Ida, “Extensive damage to infrastructure and power outages mean Ida has knocked …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.37831 with take profit at price 1.37954. Bearish Preference: A sell position is envisaged if price trades below price 1.37490 with take profit at price 1.37388. Fundamentals:4:00pm GBP Monetary Policy Report Hearings Comment: Higher UK rates have encouraged a stronger GBP, but the pound is set to …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.73845 with take profit at 0.73954. Bearish Preference: Sell position is envisaged if price trades below 0.73553 with take profit at 0.73451. Fundamentals:None with high impact on the pair Comment: The dollar rose to its highest in a week against peers on Wednesday, buoyed by higher Treasury yields …
