Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.12703 with take profit at 1.12256. Alternative scenario: Buy position is envisaged if price trades above 1.13223 with take profit at 1.13699. Fundamentals:ECB President Lagarde Speaks (EUR) 2:45 PM Comment: The common currency benefited from the decision of the European Central Bank (last week) to increase bond purchases to help the weakest economies …
Intraday: Bearish Technical Analysis Preference: SELL position is envisaged if price trades above 40.16 with take profit at 39.69 Alternative scenario: BUY position is envisaged if price trades above 40.79 with take profit at 41.06 Fundamentals:ADP Non-Farm Employment Change (US) 1:15 PM Comment: Oil is on a huge uptrend in the last of weeks but technically, the resistance …
Intraday: Bullish Technical Analysis Preference: BUY position is envisaged if price trades above 1.26660 with take profit at 1.26987. Alternative scenario: SELL position is envisaged if price trades above 1.26111 with take profit at 1.25756. Fundamentals:ADP Non-Farm Employment Change (US) 1:15 PM Comment: The Cable has been strengthened in the last set of days and it has eventually broken the …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 0.68850 with take profit at 0.68647 Alternative scenario: Buy position is envisaged if price trades above 0.69235 with take profit at 0.69664. Fundamentals:No major economic data with direct bearing to this pair Comment: Technically, this pair got rejected at a psychological resistance zone twice and shows …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 0.64060 with take profit at 0.63647. Alternative scenario: Buy position is envisaged if price trades above 0.64348 with take profit at 0.64570 Fundamentals:No major economic data with direct bearing to this pair Comment: Technically, this pair also got rejected at a psychological resistance zone twice which …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 39.22 with take profit at 40.00 Alternative scenario: Sell position is envisaged if price trades below 38.05 with take profit at 37.37. Fundamentals:No major economic data with direct bearing on the commodity Comment: Black gold continued its recent recovery despite the rising US-China tensions. A …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.11555 with take profit at 1.11750. Alternative scenario: Sell position is envisaged if price trades below 1.10937 with take profit at 1.10659 Fundamentals:No major economic data with direct bearing on the pair Comment: The Greenback is currently pressured by the seeming recovery of global economies in …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 0.66213 with take profit at 0.66520. Alternative scenario: Sell position is envisaged if price trades below 0.65975 with take profit at 0.65740. Fundamentals:1:30pm USD Prelim GDP q/q Comment: The US economy has been under intense pressure after tensions between the US and china escalated, this pushed …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1721.50 with take profit at 1727.00. Alternative scenario: Sell position is envisaged if price trades below 1713.45 with take profit at 1702.45 Fundamentals:1:30pm USD Prelim GDP q/q Comment: Despite global optimism on economic recovery from COVID 19, Tensions between the U.S and China escalates and outweighs sentiment. This …
