Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.48 with take profit at 1799.90. Bearish Preference: Sell position is envisaged if price trades below 1790.36 with take profit at 1788.37. Fundamentals:2:30pm USD Prelim GDP q/q USD Unemployment Claim4:00pm USD Core PCE Price Index m/m8:00pm USD FOMC Meeting Minutes Comment: The greenback stays resilient against …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33908 with take profit at 1.34044. Bearish Preference: Sell position is envisaged if price trades below 1.33663 with take profit at 1.33568. Fundamentals:2:30pm USD Prelim GDP q/q USD Unemployment Claim4:00pm USD Core PCE Price Index m/m8:00pm USD FOMC Meeting Minutes Comment: The US Dollar Index …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.677 with take profit at 113.773. Bearish Preference: Sell position is envisaged if price trades below 113.456 with take profit at 113.356. Fundamentals:4:30pm USD Fed Chair Powell Speaks Comment: The USD/JPY pair maintained its bid tone heading into the European session and was last seen trading …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.39 with take profit at 85.53. Bearish Preference: Sell position is envisaged if price trades below 84.70 with take profit at 84.56. Fundamentals:No major fundamental Comment: Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1825.79 with take profit at price 1828.51. Bearish Preference: A sell position is envisaged if price trades below price 1821.85 with take profit at price 1819.29. Fundamentals: No major Fundamentals Comment: The US dollar is squeezing gently higher in US-holiday thinned trade Monday and has recovered all …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38970 with take profit at 1.39091. Bearish Preference: Sell position is envisaged if price trades below 1.38523 with take profit at 1.38323. Fundamentals:7:00pm USD FOMC Statement Comment: The dollar was up on Wednesday morning in Asia ahead of the U.S. Federal Reserve’s latest policy decision and …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 64.83 with a take profit at price 65.29. Bearish Preference: A Sell position is envisaged if price trades below price 63.89 with a take profit at price 63.47. Fundamentals:No major fundamental. Comment: Crude oil prices fell slightly during Monday’s APAC session amid rising viral concerns. …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.39040 with take profit at price 1.39238. Bearish Preference: A sell position is envisaged if price trades below price 1.38677 with take profit at price 1.38372. Fundamentals:No major fundamental. Comment: The daily chart shows that the medium-term supportive GBP/USD trendline remains in place …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.21168 with take profit at price 1.21305. Bearish Preference: A sell position is envisaged if price trades below price 1.20832 with take profit at price 1.20700. Fundamentals:EUR Zone 9AM: German ifo Business Climate Comment: EUR/USD appears to be stuck in a narrow range as …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1780.60 with a take profit at price 1783.71. Bearish Preference: A Sell position is envisaged if price trades below price 1772.54 with a take profit at price 1769.57. Fundamentals:No major fundamental. Comment: The price of gold pulls back from a fresh monthly high ($1798) …
