Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1928.99 with take profit at 1930.74. Bearish Preference: A sell position is envisaged if the price trades below 1925.34 with take profit at 1922.65. Fundamentals:No Major Fundamental. Comment: Gold prices steadied further above key support levels on Tuesday, but the yellow metal still remained under pressure …
Instrument: USDJPY Bullish Preference: A buy position is envisaged if the price trades above 144.467 with take profit at 144.612. Bearish Preference: A sell position is envisaged if the price trades below 144.261 with take profit at 144.091. Fundamentals:No Major Fundamental. Comment: The USD/JPY pair comes under some selling pressure on Tuesday and reverses a major part of the previous …
Instrument: EURAUD Bullish Preference: A buy position is envisaged if the price trades above 1.63481 with take profit at 1.63706. Bearish Preference: A sell position is envisaged if the price trades below1.62993 with take profit at 1.62743. Fundamentals:5:30AM AUD RBA Rate Statement Cash Rate Comment: The euro may have recouped some of its recent losses against some of its peers, …
Instrument: AUDCAD Bullish Preference: A buy position is envisaged if the price trades above 0.66956 with take profit at 0.67070. Bearish Preference: A sell position is envisaged if the price trades below 0.66674 with take profit at 0.66568. Fundamentals:5:30AM AUD RBA Rate Statement Cash Rate Comment: The U.S. dollar stabilized in early European hours Tuesday in holiday-impacted trade, while …
Instrument: US100 Bullish Preference: A buy position is envisaged if the price trades above 15366.37 with take profit at 15388.33. Bearish Preference: A sell position is envisaged if the price trades below 15339.43 with take profit at 15303.16. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Wall Street’s three major indexes advanced solidly on Friday, with the tech-heavy Nasdaq boasting its biggest …
Instrument: EURUSD Bullish Preference: A buy position is envisaged if the price trades above 1.09054 with take profit at 1.09179. Bearish Preference: A sell position is envisaged if the price trades below 1.08911 with take profit at 1.08775. Fundamentals:3:00 pm USD ISM Manufacturing PMI Comment: The Euro started a new week with falls against the United States Dollar, retracing some of Friday’s …
Instrument: USDCHF Bullish Preference: A buy position is envisaged if the price trades above 0.89928 with take profit at 0.90042 Bearish Preference: A sell position is envisaged if the price trades below 0.89525 with take profit at 0.89374 Fundamentals:7:30am CHF CPI m/m3:00pm USD ISM Manufacturing PMI Comment: The 0.1% increase in consumer prices of the …
Instrument: NZDUSD Bullish Preference: A buy position is envisaged if the price trades above 0.61604 with take profit at 0.61742. Bearish Preference: A sell position is envisaged if the price trades below 0.61205 with take profit at 0.61079 Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Most Asian currencies firmed on Monday as softer-than-expected U.S. inflation readings pushed up hopes that the …
Instrument: SILVER Bullish Preference: A buy position is envisaged if the price trades above 22.421 with take profit at 22.457. Bearish Preference: A sell position is envisaged if the price trades below 22.348 with take profit a 22.318. Fundamentals:USD 1:30 pm Core PCE Price Index m/m Comment: Silver Price (XAG/USD) licks its wounds around $22.60 amid Friday’s sluggish morning in Asia, …
Instrument: GBPCAD Bullish Preference: A buy position is envisaged if the price trades above 1.67900 with take profit at 1.67967. Bearish Preference: A sell position is envisaged if the price trades below 1.67688 with take profit at 1.67585. Fundamentals:CAD GDP m/m 1:30 PM Comment: Over the past couple of weeks attention has been on other Major …
