Instrument: USDCAD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.21474 with take profit at 1.21711. Bearish Preference: Sell is envisaged if price trades below 1.21036 with take profit at 1.20858. Fundamentals:USD 1:30 PM Unemployment Claims Comment: The dollar jumped Wednesday, riding the sharp upswing in U.S. bond yields following a red-hot inflation report for April that …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.65 with take profit at 69.80. Bearish Preference: Sell position is envisaged if price trades below 69.15 with take profit at 69.01. Fundamentals:3:30 pm USD Crude Oil Inventories Comment: Oil markets maintained their wait-and-see approach to the noise and tail-chasing seen elsewhere overnight. The Colonial pipeline cyberattack …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13304.16 with take profit at 13344.98. Bearish Preference: Sell position is envisaged if price trades below 13162.11 with take profit at 13118.90. Fundamentals:1:30 pm USD CPI m/m USD Core CPI m/m Comment: The stocks markets are seen flat …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1838.63 with take profit at 1840.94. Bearish Preference: Sell position is envisaged if price trades below 1829.92 with take profit at 1826.92. Fundamentals:1:30 pm USD CPI m/m USD Core CPI m/m Comment: Gold was down on Wednesday morning …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21507 with take profit at 1.21687. Bearish Preference: Sell position is envisaged if price trades below 1.21203 with take profit at 1.21017. Fundamentals:1:30 pm USD CPI m/m USD Core CPI m/m Comment: The dollar edged higher in early European trade Wednesday, …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.93 with take profit at 68.15. Bearish Preference: Sell position is envisaged if price trades below 67.33 with take profit at 67.12. Fundamentals:No Major Fundamental. Comment: Oil prices slipped Tuesday, with the markets seemingly expecting only minor localized disruption to U.S. supplies from Friday’s cyber attack …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1844.89 with take profit at 1849.51. Bearish Preference: Sell position is envisaged if price trades below 1836.31 with take profit at 1832.60. Fundamentals:No major fundamental. Comment: Gold finished almost unchanged overnight, climbing 0.25% to USD1835.50 an ounce, where it remains in Asia. The rise in …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41305 with take profit at 1.41537. Bearish Preference: Sell position is envisaged if price trades below 1.40899 with take profit at 1.40663. Fundamentals:3:30 PM GBP BOE Gov Bailey Speaks Comment: The dollar was up on Tuesday morning in Asia, but gains were capped by expectations that …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13290.50 with take profit at 13315.68. Bearish Preference: Sell position is envisaged if price trades below 13127.36 with take profit at 13099.50. Fundamentals:No major fundamental. Comment: The stocks markets are seen flat since the start of the week and weakening at the open Tuesday, following …
Instrument: CADJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 89.918 with take profit at price 90.068. Bearish Preference: A sell position is envisaged if price trades below price 89.625 with take profit at price 89.427. Fundamentals:No major fundamental. Comment: CAD/JPY rates have maintained their uptrend from the March and November 2020 lows unlike …
