Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37606 with take profit at 1.37722 Bearish Preference: Sell position is envisaged if price trades below 1.37287 with take profit at 1.37177. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Manufacturing PMI Comment: The dollar edged higher Wednesday, but remains near its lowest point in three …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1819.23 with take profit at 1821.87. Bearish Preference: Sell position is envisaged if price trades below 1809.52 with take profit at 1807.23 Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Manufacturing PMI Comment: Gold was down on Wednesday morning in Asia. Investors continued their cautious …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15618.85 with take profit at 15635.98. Bearish Preference: Sell position is envisaged if price trades below 15560.89 with take profit at 15542.44. Fundamentals:2:45pm USD Chicago PMI3:00pm USD CB Consumer Confidence Comment: Stocks have climbed since Federal Reserve Chairman Jerome Powell reiterated Friday that the timing of scaling back on …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1817.04 with take profit at 1818.89. Bearish Preference: Sell position is envisaged if price trades below 1810.47 with take profit at 1809.03. Fundamentals:2:45pm USD Chicago PMI3:00pm USD CB Consumer Confidence Comment: Gold was up on Tuesday morning in Asia, with a weakening dollar giving the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37956 with take profit at 1.38102. Bearish Preference: Sell position is envisaged if price trades below 1.37663 with take profit at 1.37523. Fundamentals: 2:45pm USD Chicago PMI3:00pm USD CB Consumer Confidence Comment: The dollar fell to two-week lows in early European trade Tuesday, continuing the weakness stemming from Federal …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.42 with take profit at 72.61. Bearish Preference: Sell position is envisaged if price trades below 71.55 with take profit at 71.34. Fundamentals:No major fundamental. Comment: Oil prices slipped on Tuesday amid concerns that power outages and flooding in Louisiana after Hurricane Ida will cut …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1818.80 with Take profit at 1821.20. Bearish Preference: Sell position is envisaged if price trades below 1811.94 with take profit at 1809.18. Fundamentals:No major fundamental. Comment: Technically, Gold prices rose above critical resistance on Friday, clearing the key psychological level of $1,800 which continues to …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15465.25 with take profit at 15481.00. Bearish Preference: Sell position is envisaged if price trades below 15430.08 with take profit at 15414.14. Fundamentals: No major fundamental. Comment: US100 extended higher into record territory as market participants welcomed a dovish-biased message by Fed Chair Jerome Powell in …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26434 with take profit at 1.26583. Bearish Preference: Sell position is envisaged if price trades below 1.26027 with take profit at 1.25875. Fundamentals: No major fundamental. Comment: Technically, USD/CAD is currently bouncing around a critical level of support on the technical front. Firstly, the key level …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18121 with Take profit at 1.18235. Bearish Preference: Sell position is envisaged if price trades below 1.17897 with take profit at 1.17789. Fundamentals:No major fundamental. Comment: A late Friday surge as Powell’s much anticipated Jackson Hole speech, failed to provide a notable signal for tapering, …
