Instrument: EURJPY Intraday: Bullish Technical Analysis Preference: Buy if price trades above 123.740 with take profit at 123.964. Alternative scenario: Sell position is envisaged if price trades below 123.502 with take profit at key level 123.263. Fundamentals:No Fundamentals. Comment: Technically on the weekly time frame we can this instrument testing the 200 MA previous weeks without success in breaking it. There are …
Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.17356 with take profit at 1.18290. Alternative scenario: Sell position is envisaged if price trades below 1.16712 with take profit at 1.15987. Fundamentals:Core Durable Goods Orders m/m (USD) 1:30 PMDurable Goods Orders m/m (USD) 1:30 PM Comment: The pair crossed the 1.17 price mark …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 42.95 with take profit at 42.41. Alternative scenario: Buy position is envisaged if price trades above 43.34 with take profit at 43.79. Fundamentals:No major economic data with bearing on this commodity. Comment: The commodity is envisaged to lose traction and trade lower as tensions …
Instrument: GBPUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.27250 with take profit at 1.27665 Alternative scenario: Sell position is envisaged if price trades below 1.27104 with take profit at 1.26950 Fundamentals:2:45PM USD Flash Manufacturing PMI Comment: China ordered the United States to close its consulate in the city of Chengdu on Friday, …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 43.51 with take profit at 43.91. Alternative scenario: Sell position is envisaged if price trades below 42.80 with take profit at 42.50. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Oil has been bouncing off positive sentiments as tensions between the …
Instrument: GBPUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.27587 with take profit at 1.27927. Alternative scenario: Sell position is envisaged if price trades below 1.27163 with take profit at key level 1.26742. Fundamentals:No major economic data with direct bearing to this pair. Comment: The strength of the pounds sterling came as a …
Instrument: GOLD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1876.80 with take profit at 1884.72. Alternative scenario: Sell position is envisaged if price trades below 1866.22 with take profit at key level 1860.50. Fundamentals:No major economic data with direct bearing to this commodity. Comment: Gold keeps on reaching new unprecedented highs it last …
Instrument: OIL Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 44.28 with take profit at 44.67. Alternative scenario: Sell position is envisaged if price trades below 43.73 with take profit at 43.34. Fundamentals:3:30pm USD Crude Oil Inventories. Comment: Although Oil prices fell in the early session due to oil inventory expectations, price could not …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 26801 with take profit at 26886. Alternative scenario: Sell position is envisaged if price trades below 26651 with take profit at 26540. Fundamentals:No major economic data with direct bearing on the commodity. Comment: Bullish trend of US30 is expected to continue after price bounced …
