Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.42 with take profit at 74.66. Bearish Preference: Sell position is envisaged if price trades below 73.68 with take profit at 73.43. Fundamentals:No Major Fundamentals. Comment: Crude oil prices weakened Tuesday, with the growth of Covid cases, mainly in the U.K. but also a number of Asian …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34260 with take profit at 34310. Bearish Preference: Sell position is envisaged if price trades below 34041 with take profit at 33962. Fundamentals:3:00pm USD CB Consumer Confidence. Comment: Asian shares dropped on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38709 with take profit at 1.38867. Bearish Preference: Sell position is envisaged if price trades below 1.38501 with take profit at 1.38394. Fundamentals:3:00pm USD CB Consumer Confidence. Comment: The dollar edged marginally higher in early European trade Tuesday, helped by concerns over the rise of …
Instrument: EURJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 132.242 with a take profit at price 132.394. Bearish Preference: A Sell position is envisaged if price trades below price 131.857 with take profit at price 131.650 Fundamentals:No major fundamental Comment: EUR/JPY prints fresh gains on Monday in the Asian trading hours. The pair …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 110.982 with take profit at price 111.064. Bearish Preference: A sell position is envisaged if price trades below 110.799 with take profit at price 110.708. Fundamentals:No major fundamental. Comment: Retail trader data shows 39.00% of traders are net-long with the ratio of traders short to …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 1.39442 with take profit at price 1.39589. Bearish Preference: A sell position is envisaged if price trades below 1.39016 with take profit at price 1.38878. Fundamentals:No major fundamental. Comment: Gains accumulated around the June Federal Reserve meeting dissipated over last week as the US Dollar …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 75.43 with a take profit at price 75.71. Bearish Preference: A Sell position is envisaged if price trades below price 74.98 with take profit at price 74.73 Fundamentals:No major fundamental Comment: Crude oil prices are trading at fresh two-and-half year highs during Monday’s APAC …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.94 with take profit at 75.11. Bearish Preference: Sell position is envisaged if price trades below 74.23 with take profit at 74.00. Fundamentals:No major fundamental Comment: Oil price met resistance in the past five days within $74.78 and $75.22 and has not since been able to climb …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14393.25 with take profit at 14407.02. Bearish Preference: Sell position is envisaged if price trades below 14352.43 with take profit at 1.38653. Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD Revised UoM Consumer Sentiment Comment: Futures tracking the S&P 500 and Nasdaq 100 indexes were near record highs …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39550 with take profit at 1.39730. Bearish Preference: Sell position is envisaged if price trades below 1.38819 with take profit at 1.38653. Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD Revised UoM Consumer Sentiment Comment: The dollar drifted lower in Asia on Friday as an agreement …
