Instrument: US30 Bullish Preference: A buy position is envisaged if the price trades above 34505 with take profit at 34547. Bearish Preference: A sell position is envisaged if the price trades below 34433 with take profit at 34392. Fundamentals:None with High Impact Comment: U.S. stock futures edged lower Friday, with renewed concerns about the future path of the Federal Reserve’s …
Instrument: OILs Bullish Preference: A buy position is envisaged if the price trades above 89.98 with take profit at 90.41. Bearish Preference: A sell position is envisaged if the price trades below 89.44 with take profit at 89.02. Fundamentals:None with High Impact Comment: Oil reaches new 2023 high as higher oil and higher energy prices could stoke inflation again at …
Instrument: USDCAD Bullish Preference: A buy position is envisaged if the price trades above 1.36732 with take profit at 1.36830 Bearish Preference: A sell position is envisaged if the price trades below 1.36476 with take profit at 1.36385 Fundamentals:CADEmployment Change 1:30 PM Unemployment Rate 1:30 PM Comment: USD/CAD remains well within the existing uptrend …
Instrument: EURUSD Bullish Preference: A buy position is envisaged if the price trades above 1.07138 WithTake profit at 1.07288 Bearish Preference: A sell position is envisaged if the price trades below 1.06801 with Take profit at 1.06662 Fundamentals:1:30 PM USD: Unemployment Claims Comment: The US dollar index remains on the front foot, aided by robust US Treasury …
Instrument: GOLD Bullish Preference: Buy position is envisaged if price trades above 1923.69 With take profit at 1925.33 Bearish Preference: Sell position is envisaged if price trades below 1917.17 with Take profit at 1915.45 Fundamentals:1:30 PM USD: Unemployment Claims Comment: The yellow metal rebounded mid-August from quite strong support on the 200-day moving average and the June low of 1890. See …
Instrument: GBPUSD Bullish Preference: A buy position is envisaged if the price trades above 1.25588 with take profit at 1.25708 Bearish Preference: A sell position is envisaged if the price trades below 1.25394with take profit at 1.25272 Fundamentals:USD: 3:00pm Factory Orders m/m Comment: The Pound Sterling (GBP) faces immense selling pressure and will likely …
Instrument: Gold Bullish Preference: Buy position is envisaged if price trades above 1932.7 with take profit at 1935.16 Bearish Preference: Sell position is envisaged if price trades below 1928.33 with take profit at 1925.71 Fundamentals: USD: 3:00pm Factory Orders m/mt Comment: Gold price extends its downward trend as the US Dollar remains resilient due to bearish market sentiment and steady employment growth in the …
Instrument: EURUSD Bullish Preference: A buy position is envisaged if the price trades above 1.07763 WithTake profit at 1.07926 Bearish Preference: A sell position is envisaged if the price trades below 1.07526 with Take profit at 1.07405 Fundamentals:No major Fundamental Comment:The recent struggle at key resistance reinforces the view that the US dollar’s …
Instrument: AUDUSD Bullish Preference: Buy position is envisaged if price trades above 0.63879 With take profit at 0.64025 Bearish Preference: Sell position is envisaged if price trades below 0.63567 with Take profit at 0.63419 Fundamentals: 5:30 AUD Cash Rate RBA Rate Statement Comment: The AUD/USD attempted to recover last week alongside the broader risk environment, but much may …
Instrument: AUDUSD Bullish Preference: A buy position is envisaged if the price trades above 0.64698 with take profit at 0.64779. Bearish Preference: A sell position is envisaged if the price trades below 0.64542 with take profit at 0.64416. Fundamentals:No major Fundamental Comment: Most Asian currencies kept to a tight range on Monday, while the dollar fell …
