Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31869 with take profit at 31952. Bearish Preference: Sell position is envisaged if price trades below 31708 with take profit at 31627 Fundamentals:2:30pm USD CPI m/m Comment: News that a $1.9 trillion coronavirus relief package was nearing final approval sparked a spike in yields on Monday, …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 67.90 with take profit at 68.27. Bearish Preference: Sell position is envisaged if price trades below 66.56 with take profit at 66.05 Fundamentals:4:30pm USD Crude Oil Inventories Comment: Oil fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories …
Instrument: DE30 Technical Analysis Bearish Preference: A sell is envisaged if price trades below 14341.0 with take profit at 14310.5. Bullish Preference: A buy is envisaged if the price trades above 14403.9 with take profit at 14423.5. Fundamentals:No major fundamental Comment: European stock markets pushed higher Monday helped by gains from the oil majors as crude prices soared, while hopes for …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.38240 with take profit at 1.38141 Bullish Preference: Buy is envisaged if the price trades above 1.38808 with take profit at 1.39006 Fundamentals:No major Fundamental Comment: GBP/USD is under pressure as US growth expectations boost the dollar. The UK’s reopening and rapid vaccination campaign are helping sterling …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 150.369 with take profit at 150.546. Bearish Preference: Sell position is envisaged if price trades below 149.978 with take profit at 149.770. Fundamentals:No major fundamental Comment: The UK’s reopening and rapid vaccination campaign are helping sterling hold up.Another factor supporting sterling comes from the Bank of England, …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18998 with take profit at 1.19173 Bearish Preference: Sell position is envisaged if price trades below 1.18385 with take profit at 1.18205 Fundamentals:No major Fundamental Comment: The euro has started the week in negative territory, dropping below the 1.19 level. Currently, EUR/USD is trading at …
Instrument: GOLD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below the verified support at price 1686.04 with take profit at 1672.53 Bullish Preference: Buy position is envisaged if price trades above 1708.80 with a take profit at price 1719.56 Fundamentals:No major fundamental Comment: Gold futures finished slightly lower on Friday after clawing back earlier losses. Despite reports …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below the verified support at price 1.37576 with take profit at price 1.37215 Bullish Preference: Buy position is envisaged if price trades above 1.38283 with a take profit at price 1.38572 Fundamentals:GBP: BOE Gov Bailey Speaks (11AM)GBP: BRC Retail Sales Monitor y/yUSD: NFIB Small Business Index Comment: The US …
Instrument: OIL Technical Analysis Bearish Preference: A Sell is envisaged if price trades below 67.45 with take profit at 66.71. Bullish Preference: A buy is envisaged if the price trades above 68.71 with take profit at 69.29. Fundamentals:2.30PM – USD Non-Farm Employment Change USD Average Hourly Earnings m/m USD Unemployment Rate …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1706.23 with take profit at 1717.23. Bearish Preference: Sell position is envisaged if price trades below 1685.55 with take profit at 1675.00 Fundamentals:2.30PM – Non-Farm Employment Change Average Hourly Earnings Unemployment Rate Comment: Gold has in little over two months gone from being …
