Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19407 with a take profit 1.19557. Bearish Preference: Sell position is envisaged if price trades below 1.19250 with take profit at 1.19100. Fundamentals:no major economic data with direct bearing to this pair. Comment: The dollar has seen significant rise in more unemployment claims, couple with a …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1821.00 with take profit at 1830.00 Bearish Preference: Sell position is envisaged if price trades below 1800.00 with take profit at 1790.00 Fundamentals:No major economic data with direct bearing to this commodity. Comment: Gold has seen positive reactions today and this is majorly due to the loss …
Instrument: NZDUSD Technical Analysis Bullish Preference: Buy if price trades above 0.69741 with take profit at 0.69841. Bearish Preference: A sell is envisaged when price trades below 0.69443 with take profit at 0.69343. Fundamentals:4:00pm USD Revised UoM Consumer Sentiment8:00pm USD FOMC Meeting Minutes Comment: The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a …
Instrument: GOLD Technical Analysis Bearish Preference: Sell if price trades below 1794.48 with take profit at 1774.96. Bullish Preference: A buy is envisaged when price trades above 1831.98 with take profit at 1865.14 Fundamentals:4:00pm USD Revised UoM Consumer Sentiment8:00pm USD FOMC Meeting Minutes Comment: Gold was down on Wednesday morning in Asia as investor risk appetite grows on vaccine hopes …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy is envisaged if price trades above 1.33989 with take profit at 1.34089. Bearish Preference: A sell is envisaged if price trades below 1.33252 with take profit at 1.33049. Fundamentals:USD CB Consumer Confidence 4PM Comment: The pound is staying close to a near 12-week high against the dollar thanks to investor bets that the …
Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 29850 with take profit at 29938. Bearish Preference: Sell is envisaged if price trades below 29716 with take profit at 29632. Fundamentals:USD CB Consumer Confidence 4PM Comment: U.S. private sector business activity rose sharply in November, as growth momentum picked up further. The overall expansion was the …
Instrument: USDCHF Technical Analysis Bullish Preference: Buy is envisaged if price trades above 0.91029 with take profit at 0.91150. Bearish Preference: Sell is envisaged if price trades below 0.90826 with take profit at 0.90528. Fundamentals:Manufacturing PMI (USD) 3:45PM Comment: The buck has been struggling to break a high of 0.91239 zone and price keeps re-testing a strong support at 0.90889. …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisaged if price trades above 45.61 with take profit at 46.12. Bearish Preference: Sell is envisaged if price trades below 44.96 with take profit at 44.46. Fundamentals:No Major Fundamentals Comment: Brent prices rose as investor and traders eyed a recovery in crude oil demand, thanks to the successful corona-virus vaccine trials, also …
Instrument: OIL Technical Analysis Bullish Preference: Buy if price trades above 45.25 with take profit at 45.40. Bearish Preference: A sell is envisaged when price trades below 43.31 with take profit at 42.95 Fundamentals:No Major fundamental(s). Analysis: SCRUM Team
Instrument: EURUSD Technical Analysis Bullish Preference: Buy if price trades above 1.18651 with take profit at 1.18704 Bearish Preference: A sell is envisaged when price trades below 1.18165 with take profit at 1.18125. Fundamentals:USD Philly Fed Manufacturing IndexUSD Unemployment ClaimsEUR ECB President Lagarde SpeaksUSD CB Leading Index m/m Comment: Immediate risks posed by the surge in infections to the …
