Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.36 with take profit at 1792.52. Bearish Preference: Sell position is envisaged if price trades below 1786.30 with take profit at 1784.46. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: The economic data slate includes the weekly initial jobless claims release, at 8:30 AM ET (1230 …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26469 with take profit at 1.26650. Bearish Preference: Sell position is envisaged if price trades below 1.25684 with take profit at 1.25527. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: Full approval of other vaccines are set to follow shortly, and on Tuesday, Dr. Anthony Fauci, the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15349.43 with take profit at 15366.71. Bearish Preference: Sell position is envisaged if price trades below 15279.49 with take profit at 15263.05. Fundamentals:USD All Day Jackson Hole SymposiumUSD 1:30PM- Prelim GDP q/q Comment: Investors have turned more positive on the outlook since the U.S. Food and Drug Administration fully …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.01 with take profit at 71.19. Bearish Preference: Sell position is envisaged if price trades below 70.18 with take profit at 70.01. Fundamentals:No major fundamental Comment: The U.S. Energy Information Administration (EIA) reported that American crude inventories fell last week for a third consecutive week and overall fuel demand …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37233 with take profit at 1.37351. Bearish Preference: Sell position is envisaged if price trades below 1.36915 with take profit at 1.36793. Fundamentals:1:30pm USD Core Durable Goods Orders m/m Comment: The Pound (GBP) is trading level against the US …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26313 with take profit at 1.26469. Bearish Preference: Sell position is envisaged if price trades below 1.25969 with take profit at 1.25840. Fundamentals:1:30pm USD Core Durable Goods Orders m/m3:30pm USD Crude Oil …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.63 with take profit at 70.85. Bearish Preference: Sell position is envisaged if price trades below 69.68 with take profit at 69.43. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices nudged lower on Wednesday, taking …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.70 with take profit at 1809.38. Bearish Preference: Sell position is envisaged if price trades below 1802.32 with take profit at 1800.62. Fundamentals:No major fundamentals Comment: Despite the U.S dollar showing signs of stability on Tuesday, gold traded above $1,800 per ounce. COVID-19 may be able to delay …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15425.54 with take profit at 15456.21. Bearish Preference: Sell position is envisaged if price trades below 15290.04 with take profit at 15265.87. Fundamentals:No major fundamental Comment: As stocks were up on Tuesday morning, with the first full approval for a COVID-19 vaccine expected to boost U.S. vaccination rates and assuaging …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17506 with take profit at 1.17645. Bearish Preference: Sell position is envisaged if price trades below 1.17271 with take profit at 1.17129. Fundamentals:No major fundamentals Comment: European stock markets are expected to edge higher at the open Tuesday, helped by a strong handover from Wall Street after the …
