Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.12180 with take profit at 1.11964. Alternative scenario: Buy position is envisaged if price trades above 1.12702 with take profit at 1.13274. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: The pair is currently trading on an upward channel on the daily chart suggesting …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1737.15 with take profit at 1743.78. Alternative scenario: Sell position is envisaged if price trades below 1726.14 with take profit at 1717.77 Fundamentals:No major economic data with direct bearing on the commodity Comment: Gold traded higher yesterday after U.S Fed. Chairman stated interest rates were …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 0.68969 with take profit at 0.68540. Alternative scenario: Buy position is envisaged if price trades above 0.69587 with take profit at 0.70110. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: Despite the fact that the dollar lost strength between yesterday and today, …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 27514 with take profit at 27599. Alternative scenario: Sell is in order if price trades below 27345 with take profit at 27251 Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m7:00pm USD Federal Funds Rate Comment: U.S. stock-index futures …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 0.70090 with take profit at 0.70364. Alternative scenario: Sell is in order if price trades below 0.69713 with take profit at 0.69427. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m7:00pm USD Federal Funds Rate Comment: The US dollar is …
Intraday: Bearish Technical Analysis Preference: A Sell is in order if prices trade below 40.32 with take profit at 38.91. Alternative scenario: A buy is in order if price trades above 41.77 with take profit at 43.02 Fundamentals:No major economic data with direct bearing on the commodity Comment: Yesterday saw a drop in the prices of oil, the OPEC …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 1.34384 with take profit at 1.34896. Alternative scenario: Sell is in order if price trades below 1.34378 with take profit at 1.34061. Fundamentals:No major economic data with direct bearing on the commodity. Comment: USD has been on a free fall against the CAD, we could …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 43.38 with take profit at 44.00 Alternative scenario: Sell position is envisaged if price trades below 42.39 with take profit at 41.76 Fundamentals:No major economic data with direct bearing on the commodity Comment: Black gold is envisaged to benefit from the OPEC+ agreement on Saturday to extend the current …
