Instrument: GBPUSD Bullish Preference: Buy position is envisaged if price trades above 1.22499 with take profit at 1.22651. Bearish Preference: Sell position is envisaged if price trades below 1.22272 with take profit at 1.22169. Fundamentals:None with High Impact Comment: The Pound (GBP) experienced further losses on Friday, rounding off a challenging week marked by a deepening contraction in the U.K.’s …
Instrument: USDJPY Bullish Preference: Buy position is envisaged if price trades above 148.469 with take profit at 148.656. Bearish Preference: Sell position is envisaged if price trades below 148.146 with take profit at 147.994 Fundamentals:None with High Impact Comment: Both yields and the dollar shot up last week after the Fed projected another quarter-percentage point rate increase by the year-end, …
Instrument: OIL Bullish Preference: Buy position is envisaged if price trades above 92.60 with take profit at 92.86. Bearish Preference: Sell position is envisaged if price trades below 91.94 with take profit at 91.66. Fundamentals:None with High Impact Comment: Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel …
Instrument: GOLDs Bullish Preference: Buy position is envisaged if price trades above 1928.90 with take profit at 1931.58 Bearish Preference: Sell position is envisaged if price trades below 1925.83 with take profit at 1923.17 Fundamentals:2:45pm USD Flash Services PMIFlash Manufacturing PMI Comment: The last FOMC meeting which was released suggested that there will be a pause in the interest rate till next …
Instrument: NZDUSD Bullish Preference: Buy position is envisaged if price trades above 0.59567 with take profit at 0.59638 Bearish Preference: Sell position is envisaged if price trades below 0.59494 with take profit at 0.59429 Fundamentals:2:45pm USD Flash Services PMIFlash Manufacturing PMI Comment: The last FOMC meeting which was released suggested that there will be a pause in the interest …
Instrument: NATGAS Bullish Preference: Buy position is envisaged if price trades above 2.887 with take profit at 2.914 Bearish Preference: Sell position is envisaged if price trades below 2.824 with take profit at 2.784 Fundamentals:2:45pm USD Flash Services PMIFlash Manufacturing PMI Comment: An Australian union alliance on Friday called off strikes at Chevron (NYSE:CVX)’s two major local liquefied natural gas (LNG) projects, …
Instrument: USDJPY Bullish Preference: Buy position is envisaged if price trades above 148.294 with take profit at148.383. Bearish Preference: Sell position is envisaged if price trades below 147.839 with take profit at 147.553. Fundamentals:2:45pm USD Flash Services PMIFlash Manufacturing PMI Comment: The Yen fell sharply on Friday after the Bank of Japan (BOJ) kept interest rates in negative territory …
Instrument: OILs Bullish Preference: Buy position is envisaged if price trades above 92.07 with take profit at 92.39 Bearish Preference: Sell position is envisaged if price trades below 91.34 with take profit at 91.11 Fundamentals:1:30pm USD Unemployment Claims Comment: Oil prices fell on Thursday, after posting the largest decline in a month in the previous session, as U.S. interest rate …
Instrument: GBPUSD Bullish Preference: Buy position is envisaged if price trades above 1.22809 with take profit at 1.23041 Bearish Preference: Sell position is envisaged if price trades below 1.22436 with take profit at 1.22250 Fundamentals:1:30pm USD Unemployment Claims12:00pm GBP Official Bank Rate Comment: The decision to hike interest rate was reconsidered due to softer than anticipated UK inflation data for …
Instrument: GOLDs Bullish Preference: Buy position is envisaged if price trades above 1929.17 With take profit at 1932.12 Bearish Preference: Sell position is envisaged if price trades below 1921.48 with take profit at 1919.44 Fundamentals:1:30pm USD Unemployment Claims Comment: Gold prices fell on Thursday after the Federal Reserve warned that U.S. interest rates will remain higher for longer, with investors …
