Instrument: US100 Technical Analysis Bullish Preference: Buy is envisage if price trades above 13581.48 with take profit at 13607.89. Bearish Preference: Sell is envisaged if price trades below 13506.21 with take profit at 13478.48. Fundamentals:USD 12:30 PM Challenger Job Cuts y/y 1:30 PM prelim Nonfarm Productivity …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.13 with take profit at 70.32. Bearish Preference: Sell position is envisaged if price trades below 69.12 with take profit at 68.75. Fundamentals:None with high Impact Comment: The black stuff has already risen over 4% so far this week. A record fall in US crude inventories …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1780.68 with take profit at 1782.21. Bearish Preference: Sell position is envisaged if price trades below 1775.83 with take profit at 1773.46. Fundamentals:No Major fundamentals Comment: A stronger US dollar and the prospect of higher interest rates is not a good combination for gold. The …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39338 with take profit at 1.39489. Bearish Preference: Sell position is envisaged if price trades below 1.38820 with take profit at 1.38693. Fundamentals:None with high Impact Comment: The dollar pushed higher Wednesday, boosted by talk of higher U.S. higher interest rates while a selloff in tech …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13598.65 with take profit at 13633.55. Bearish Preference: Sell position is envisaged if price trades below 13503.00 with take profit at 13462.93. Fundamentals:No Major fundamentals Comment: There are worries that President Joe Biden’s $2.3 billion capital-gains tax proposal may be on the rise, particularly after …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1786.47 with take profit at 1789.00. Bearish Preference: Sell position is envisaged if price trades below 1781.44 with take profit at 1778.85. Fundamentals:None with high Impact Comment: Disappointing ISM manufacturing PMI on Monday, along with a temporary dip in Treasury yields below 1.6%, saw gold kick …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20217 with take profit at 1.20404. Bearish Preference: Sell position is envisaged if price trades below 1.19812 with take profit at 1.19608. Fundamentals:No Major fundamentals Comment: Confidence is growing throughout Europe over its recovery from the pandemic as the rate of vaccination in EU member …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.83 with take profit at 68.09. Bearish Preference: Sell position is envisaged if price trades below 67.20 with take profit at 66.97. Fundamentals:None with high Impact Comment: Oil inched up early Tuesday morning in Asia as investors remained optimistic the continued economic recovery in regions such …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13794.68 with take profit at 13816.42. Bearish Preference: Sell position is envisaged if price trades below13707.64 with take profit at 13689.63. Fundamentals:No Major fundamentals Comment: Asian share markets were mostly positive Tuesday as investors looked to signs of recovery from the coronavirus pandemic as major …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38808 with take profit at 1.38938. Bearish Preference: Sell position is envisaged if price trades below 1.38590 with take profit at 1.38473. Fundamentals:None with high Impact Comment: The Federal Reserve Chair Jerome Powell made his best efforts to say price rises are temporary. On the other hand, …
