Instrument: OIL Technical Analysis Bearish Preference: Sell is envisaged if price trades below 63.52 with take profit at 62.00. Bullish Preference: Buy is envisaged if price trades above 66.20 with take profit at 67.67. Fundamentals:None with major impact Comment: Energy prices has seen a steady increase as demand for energy increased due to the lifting of the lock down in …
Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.25468 with take profit at 1.25020. Bullish Preference: Buy is envisaged if price trades above 1.26104 with take profit at 1.26440. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: The Loonie has seen steady gains on the buck as the efficacy of the vaccines improves the hopes …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1800.99 with take profit at 1793.06. Bullish Preference: Buy is envisaged if price trades above 1816.61 with take profit at 1824.76. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: Gold was up on Wednesday morning in Asia, close to a one-week high reached during the previous session, due …
Instrument: US30 Technical Analysis Bearish Preference: Sell is envisage if price trades below 31327 with take profit at 31251. Bullish Preference: Buy is envisaged if price trades above 31473 with take profit at 31565. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: Stocks managed a powerful recovery in the final hour of trade on comments made by Federal Reserve Jerome …
Instrument: GOLD Technical Analysis Bearish Preference: Sell if price trades below 1805.34 and take profit at 1804.66. Bullish Preference: Buy if price trades above 1814.57 and take profit at 1816.27. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: During the end of January, silver was trading at roughly $25.50 per ounce. After a rapid price advance which took silver prices to …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell if price trades below 1.21442 and take profit at 1.21242 Bullish Preference: Buy if price trades above 1.21713 and take profit at 1.21814 Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: The US dollar languished near six-week lows amid doubts about a relatively faster US economic recovery and was seen as one of the …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1.20740 with take profit at 1.20332 Bullish Preference: Buy is envisaged if price trades above 1.21174 with take profit at 1.21393 Fundamentals:EUR German Flash Manufacturing PMIEUR German Flash Services PMI Comment: The recent 70-pip upward move in EUR/USD has been due to the fact that the European …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 105.778 with take profit at 105.909 Bearish Preference: Sell position is envisaged if price trades below 105.466 with take profit at 105.332 Fundamentals:No major fundamental Comment: The U.S. dollar paused on Friday after its biggest loss in 10 days as disappointing U.S. labour market data …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell if price trades below 1.20210 with take Profit at 1.19706 Bullish Preference: Buy if price trades above 1.20569 with take Profit at 1.20789 Fundamentals:No major fundamental Comment: Strong U.S. retail sales, new signs the Federal Reserve will maintain its accommodative stance, and an ongoing push for further U.S. stimulus have bolstered economic optimism, but …
Instrument: GOLD Technical Analysis Bearish Preference: Sell if price trades below 1779.23 with take Profit at 1773.16 Bullish Preference: Buy if price trades above 1786.47 with take Profit at 1797.97 Fundamentals:No major fundamental Comment: Gold held near the lowest level in more than two months as an uptick in the dollar and further signs of economic recovery pummeled demand for …
