Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.227 with take profit at 109.342. Bearish Preference: Sell position is envisaged if price trades below 109.030 with take profit at 108.877. Fundamentals:No Major Fundamental Comment: The dollar was down on Tuesday morning in Asia, recording losses against the safe-haven Japanese yen. Concerns over the most recent COVID-19 …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15004.23 with take profit at 15022.81. Bearish Preference: Sell position is envisaged if price trades below 14964.77 with take profit at 14943.17. Fundamentals:No Major Fundamental Comment: Stocks in the US closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34977 with take profit at 35003. Bearish Preference: Sell position is envisaged if price trades below 34856 with take profit at 34831. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: U.S. stocks …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1811.34 with take profit at 1813.36. Bearish Preference: Sell position is envisaged if price trades below 1805.92 with take profit at 1804.03. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Gold prices …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39464 with take profit at 1.39608. Bearish Preference: Sell position is envisaged if price trades below 1.39097 with take profit at 1.38940. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Cable is …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15090.10 with take profit at 15110.04. Bearish Preference: Sell position is envisaged if price trades below 15019.29 with take profit at 14993.10. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Despite …
Instrument: OIL Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 46.55 with take profit at 46.94 Alternative scenario: Sell position is envisaged if price trades below 46.22 with take profit at 45.65 Fundamentals:No major economic data with bearing on the commodity Comment: Black gold shrugged off the impact of the Hurricane of Friday and …
Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.19099 with take profit at 1.19448 Alternative scenario: Sell position is envisaged if price trades below 1.18902 with take profit at 1.18264 Fundamentals:No major economic data with bearing on the pair. Comment: The pair is envisaged to trade higher owing to the dovish stance …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.30888 with take profit at 1.30778 Alternative scenario: Buy position is envisaged if price trades above 1.30945 with take profit at 1.31537 Fundamentals:1:30pm CAD GDP m/mUSD Core PCE Price Index m/mUSD Personal Spending m/m Comment: The loonie gained momentum despite the recovery of the …
