Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 76.74 with take profit at 76.96. Bearish Preference: Sell position is envisaged if price trades below 76.07 with take profit at 75.92. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices steadied after data showed that China’s first-half crude imports dropped 3% from January to June versus …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38611 with take profit at 1.38789. Bearish Preference: Sell position is envisaged if price trades below 1.38342 with take profit at 1.38161. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m 6:01pm USD 30-y Bond Auction Comment: The dollar is largely unchanged in early European …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1812.85 with take profit at 1814.98. Bearish Preference: Sell position is envisaged if price trades below 1805.17 with take profit at 1801.67. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m 6:01pm USD 30-y Bond Auction Comment: Gold futures are trading nearly …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18646 with take profit at 1.18746. Bearish Preference: Sell position is envisaged if price trades below 1.18461 with take profit at 1.18367. Fundamentals:1:30 pm USD CPI m/m USD Core CPI m/m 6:01pm USD 30-y Bond Auction Comment: European stock markets are …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14890.22 with take profit at 14909.63. Bearish Preference: Sell position is envisaged if price trades below 14823.24 with take profit at 14807.97. Fundamentals:1:30 pm USD CPI m/m USD Core CPI m/m 6:01pm USD 30-y Bond Auction Comment: U.S. stocks are …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18576 with take profit at 1.18669. Bearish Preference: Sell position is envisaged if price trades below 1.18347 with take profit at 1.18265. Fundamentals:No major fundamental. Comment: European Central Bank President Christine Lagarde said on Sunday that the central bank will update its guidance on monetary stimulus at its …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.69 with take profit at 74.95. Bearish Preference: Sell position is envisaged if price trades below 74.09 with take profit at 73.86. Fundamentals:No major fundamental. Comment: Crude oil prices pulled back slightly during Monday’s APAC mid-day session after rising 3.5% over the last two days. The emergence …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.309 with take profit at 110.430. Bearish Preference: Sell position is envisaged if price trades below 109.992 with take profit at 109.837. Fundamentals:No major fundamental. Comment: There has been a sharp decline in USDJPY after the NFP report. The US Dollar (via the DXY Index) has dropped back …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14841.02 with take profit at 14864.59. Bearish Preference: Sell position is envisaged if price trades below 14788.19 with take profit at 14762.32. Fundamentals:No major fundamental. Comment: Fears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth and that made for …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1808.89 with take profit at 1813.04. Bearish Preference: Sell position is envisaged if price trades below 1797.16 with take profit at 1794.36 . Fundamentals:All Day G20 Meetings Comment: Concerns over slowing global economic growth, coupled with fears over Covid flareups, particularly in Europe and Asia, …
