Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.38240 with take profit at 1.38141 Bullish Preference: Buy is envisaged if the price trades above 1.38808 with take profit at 1.39006 Fundamentals:No major Fundamental Comment: GBP/USD is under pressure as US growth expectations boost the dollar. The UK’s reopening and rapid vaccination campaign are helping sterling …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 150.369 with take profit at 150.546. Bearish Preference: Sell position is envisaged if price trades below 149.978 with take profit at 149.770. Fundamentals:No major fundamental Comment: The UK’s reopening and rapid vaccination campaign are helping sterling hold up.Another factor supporting sterling comes from the Bank of England, …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18998 with take profit at 1.19173 Bearish Preference: Sell position is envisaged if price trades below 1.18385 with take profit at 1.18205 Fundamentals:No major Fundamental Comment: The euro has started the week in negative territory, dropping below the 1.19 level. Currently, EUR/USD is trading at …
Instrument: GOLD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below the verified support at price 1686.04 with take profit at 1672.53 Bullish Preference: Buy position is envisaged if price trades above 1708.80 with a take profit at price 1719.56 Fundamentals:No major fundamental Comment: Gold futures finished slightly lower on Friday after clawing back earlier losses. Despite reports …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below the verified support at price 1.37576 with take profit at price 1.37215 Bullish Preference: Buy position is envisaged if price trades above 1.38283 with a take profit at price 1.38572 Fundamentals:GBP: BOE Gov Bailey Speaks (11AM)GBP: BRC Retail Sales Monitor y/yUSD: NFIB Small Business Index Comment: The US …
Instrument: OIL Technical Analysis Bearish Preference: A Sell is envisaged if price trades below 67.45 with take profit at 66.71. Bullish Preference: A buy is envisaged if the price trades above 68.71 with take profit at 69.29. Fundamentals:2.30PM – USD Non-Farm Employment Change USD Average Hourly Earnings m/m USD Unemployment Rate …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1706.23 with take profit at 1717.23. Bearish Preference: Sell position is envisaged if price trades below 1685.55 with take profit at 1675.00 Fundamentals:2.30PM – Non-Farm Employment Change Average Hourly Earnings Unemployment Rate Comment: Gold has in little over two months gone from being …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 108.351 with take profit at 108.530. Bearish Preference: Sell position is envisaged if price trades below 107.938 with take profit at 107.722. Fundamentals:2.30PM – USD Non-Farm Employment Change USD Average Hourly Earnings m/m USD Unemployment Rate Comment: The …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.39402 with take profit at 1.40062. Bearish Preference: Sell is envisaged if price trades below 1.38213 with take profit at 1.37634. Fundamentals:2.30PM – Non-Farm Employment Change Average Hourly Earnings Unemployment Rate Comment: The dollar was up on Friday morning in Asia, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.39454 with take profit at 1.39727. Bearish Preference: Sell is envisaged if price trades below 1.39141 with take profit at 1.38880. Fundamentals:4:00PM – Unemployment Claims6:05PM – Fed Chair Powell Speaks Comment: GBP/USD has been resisting yield-driven dollar strength ahead of Fed Chair Powell’s speech as the …
