Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1834.29 with take profit at 1830.64. Bullish Preference: Buy is envisaged if price trades above 1845.62 with take profit at 1850.27. Fundamentals:4:00pm USD ISM Services PMI Comment: Gold was up on Wednesday morning in Asia, amid growing hopes of further U.S. stimulus measures.Democrat lawmakers in the …
Instrument: US30 Technical Analysis Bearish Preference: Sell is envisaged if price trades below 30123 with take profit at 29975. Bullish Preference: Buy is envisaged if price trades above 30303 with take profit at 30450. Fundamentals:Tentative USD IBD/TIPP Economic Optimism Comment: Stocks on Friday registered their worst weekly declines since the period ended Oct. 30. The Dow closed 3.2% lower for …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1845.65 with take profit at 1843.84. Bullish Preference: Buy is envisaged if price trades above 1859.06 with take profit at 1860.87. Fundamentals:No Major Fundamental Comment: Markets were buoyant ahead of negotiations Tuesday between U.S. President Joe Biden and Republican senators on a new COVID support bill. …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.21062 with take profit at 1.20973. Bullish Preference: Buy is envisaged if price trades above 1.21348 with take profit at 1.21508. Fundamentals:USD Final Manufacturing PMIUSD ISM Manufacturing PMIUSD Construction Spending m/mUSD ISM Manufacturing PricesUSD FOMC Member Bostic Speaks Comment: Technically, on the D1 we can see that …
Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.27301 with take profit at 1.26968. Bullish Preference: Buy is envisaged if price trades above 1.28199 with take profit at 1.28560. Fundamentals:USD Final Manufacturing PMIUSD ISM Manufacturing PMIUSD ISM Manufacturing PricesCAD Manufacturing PMI Comment: Technically, on the D1 we see that the 50 EMA is serving …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1838.93 with take profit at 1835.33. Bullish Preference: Buy is envisaged if price trades above 1852.01 with take profit at 1857.53. Fundamentals:No major fundamentals Comment: After a week trending downwards, gold was up Friday morning in Asia as investors waited for news from the U.S. on a …
Instrument: US30 Technical Analysis Bearish Preference: Sell is envisage if price trades below 30014 with take profit at 29910. Bullish Preference: Buy is envisaged if price trades above 30403 with take profit at 30531. Fundamentals:No major fundamentals Comment: The Dow cut its gains into the close but still ended higher Thursday, driven by mostly bullish quarterly earnings and a …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1832.27 with take profit at 1823.53. Bullish Preference: Buy is envisaged if price trades above 1839.95 with take profit at 1844.21. Fundamentals:Advance GDP q/q 2:30pm USD Comment: Gold has been weighed down drastically recently and this is major because of the increase in the strength of the …
Instrument: EURUSD Technical Analysis Bearish Preference: Enter a Sell position if price trades below 1.20561 with take profit at 1.20180. Bullish Preference: Buy position is envisaged if price trades above 1.21048 with a take profit 1.21682. Fundamentals:Advance GDP q/q 2:30pm USD Comment: The dollar gained massive strength yesterday after the federal reserve meeting where we saw Jerome Powell stating …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1845.90 with take profit at 1834.99. Bearish Preference: Buy is envisaged if price trades above 1858.60 with take profit at 1865.55 Fundamentals:USD CB Consumer Confidence 4PM Comment: The White House says there’s an “urgency” to passing President Joe Biden’s $1.9 trillion stimulus plan. But the market remains …
