Instrument: EURUSD Technical Analysis Bearish Preference: Enter a Sell position if price trades below 1.20561 with take profit at 1.20180. Bullish Preference: Buy position is envisaged if price trades above 1.21048 with a take profit 1.21682. Fundamentals:Advance GDP q/q 2:30pm USD Comment: The dollar gained massive strength yesterday after the federal reserve meeting where we saw Jerome Powell stating …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1845.90 with take profit at 1834.99. Bearish Preference: Buy is envisaged if price trades above 1858.60 with take profit at 1865.55 Fundamentals:USD CB Consumer Confidence 4PM Comment: The White House says there’s an “urgency” to passing President Joe Biden’s $1.9 trillion stimulus plan. But the market remains …
Instrument: USDJPY Technical Analysis Bearish Preference: Buy position is envisaged if price trades above 103.836 with take profit at 103.975 Bullish Preference: Sell position is envisaged if price trades below 103.556 with take profit at 103.439 Fundamentals:USD CB Consumer Confidence 4PM Comment: The dollar was down on Tuesday morning in Asia, after seeing small gains earlier in the session …
Instrument: OIL Technical Analysis Bearish Preference: Sell is envisaged if price trades below 55.31 with take profit at 54.47. Bearish Preference: Buy is envisaged if price trades above 56.08 with take profit at 57.08. Fundamentals:No Fundamentals Comment: Oil prices have been affected by the renewed COVID-19 lock-down concerns has raised fresh issues about global fuel demands. Signs of weaker demands …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.36675 with take profit at 1.36484. Bullish Preference: Buy is envisaged if price trades above 1.37571 with take profit at 1.37891. Fundamentals:No Fundamentals Comment: The dollar did fall lower earlier today, but the expected stimulus package which is being debated by congress at the moment is …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1834.54 with take profit at 1830.80 Bullish Preference: Buy is envisaged if price trades above 1846.27 with take profit at 1851.60 Fundamentals:No Major Fundamentals Comment: Gold was up on Tuesday morning in Asia, climbing back up from the one-and-a-half-month low seen during the previous session, as hopes …
Instrument: DE30 Technical Analysis Bearish Preference: Sell is envisaged if price trades below 13839.0 with take profit at 13798.9. Bullish Preference: Buy is envisaged if price trades above 13971.5 with take profit at 13982.5 Fundamentals:8:00am EUR German Final CPI m/mAll day ECOFIN Meetings11:00am German ZEW Economic sentiment Comment: Germany stocks were higher after the close on Monday, as gains …
Instrument: DE30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 13919.4 with take profit at 13986.6 Bearish Preference: Sell is envisaged if price trades below 13959.5 with take profit at 13831.7 Fundamentals:None with direct impact on the index. Comment: DE 30 closed as a doji after rising to intraday highs Thursday as losses in technology stocks offset …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 103.952 with take profit at 104.066. Bearish Preference: Sell position is envisaged if price trades below 103.576 with take profit at 103.477 Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m Comment: The dollar was up on Friday morning in Asia, however Federal Reserve Chair …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1847.77 with take profit at 1862.62. Bearish Preference: Sell is envisaged if price trades below 1827.27 with take profit at 1800.00. Fundamentals:Fed Chair Powell Speaks USD 6:30pm Comment: Gold has been seen trading and ranging around the verified support zone and the previous bearish move was after the …
