Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.35325 with take profit at 1.35494. Bearish Preference: A sell position is envisaged if the price trades below 1.34922 with take profit at 1.34783. Fundamentals:No major Fundamentals Comment: The dollar held firm on Monday following five straight weeks of gains, as investors looked ahead to the Federal Reserve’s …
Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1893.51 with take profit at 1895.53. Bearish Preference: A sell position is envisaged if the price trades below 1890.00 with take profit at 1888.00. Fundamentals:No major Fundamental Comment: Gold prices rose slightly on Monday, steadying after steep losses over the past four weeks as markets awaited more cues …
Instrument: EURJPY Bullish Preference: A buy position is envisaged if the price trades above 158.395 with take profit at 158.568. Bearish Preference: A sell position is envisaged if the price trades below 157.993 with take profit at 157.817. Fundamentals:No major Fundamentals Comment: The EUR/JPY cross attracted some buying during the Asian session on Monday. The Japanese Yen (JPY) weakened after …
Instrument: OIL Bullish Preference: A buy position is envisaged if the price trades above 85.80 with take profit at 86.07. Bearish Preference: A sell position is envisaged if the price trades below 85.14 with take profit at 84.83. Fundamentals:No major Fundamental Comment: Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, …
Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.35633 with take profit at 1.35785. Bearish Preference: A sell position is envisaged if the price trades below 1.35205 with take profit at 1.35019 Fundamentals:No major Fundamental Comment: USD/CAD languishes at the highest level since June 01, recently easing from the multi-day top, as market players …
Instrument: UK100 Bullish Preference: A buy position is envisaged if the price trades above 7261.4 with take profit at 7264.1 Bearish Preference: A sell position is envisaged if the price trades below 7251.4 with take profit at 7247.8 Fundamentals:No major Fundamentals Comment: European stock markets traded lower Friday, ending the week on a somber note as investors digested falling U.K. …
Instrument: GOLD Bullish Preference: A Buy position is envisaged if the price trades above 1894.16 with take profit at 1897.62 Bearish Preference: A Sell position is envisaged if the price trades below 1890.61 with take profit at 1887.29 Fundamentals:No major Fundamental Comment: Gold is presently at a 5-month low, this is due to the US yields and further increase in …
Instrument: GBPUSD Bullish Preference: A buy position is envisaged if the price trades above 1.27293 with take profit at 1.27437 Bearish Preference: A sell position is envisaged if the price trades below 1.26987 with take profit at 1.26838 Fundamentals:No major Fundamentals Comment: British retailers reported a bigger-than-expected drop in sales in July as heavy rain put off shoppers who also …
Instrument: USDCAD Bullish Preference: Buy position is envisaged if the price trades above 1.35170 With take profit at 1.35246 Bearish Preference: Sell position is envisaged if the price trades below 1.34916 with Take profit at 1.34840 Fundamentals:1:30PM USD Unemployment Claims Comment: The Canadian Dollar continued its losing streak against the US Dollar over the past 24 hours as financial markets …
Instrument: OIL Bullish Preference: Buy position is envisaged if the price trades above 84.51 WithTake profit at 84.79 Bearish Preference: Sell position is envisaged if the price trades below 83.87 with Take profit at 83.62 Fundamentals:No major Fundamentals Comment: Oil prices crept up on Thursday after China’s central bank sought to stem the rising tide of pessimism over the country’s …
