Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 93.37 with take profit at 93.82 Bearish Preference: Sell position is envisaged if price trades below 92.46 with take profit at 92.12 Fundamentals:None with high impact Comment: Oil prices fell over $1 on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 …
Instrument: US2000 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1693.5 with take profit at 1702.7 Bearish Preference: Sell position is envisaged if price trades below 1683.8 with take profit at 1675.8 Fundamentals:No major fundamental Comment: While the S&P 500 trades sharply lower this week again, the benchmark U.S. stock market index attracted large inflows last week when it rallied …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1733.04 with take profit at 1741.02 Bearish Preference: Sell position is envisaged if price trades below 1716.58 with take profit at 1706.61 Fundamentals:No major fundamental Comment: Earlier this week, U.S. job openings data suggesting that the labor market and economy were slowing as well as the Reserve Bank …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above1 1999.56 with take profit at 12033.90 Bearish Preference: A sell position is envisaged if price trades below price 11938.07 with take profit at 11910.52 Fundamentals:None with high impact Comment: After a hotter-than-expected inflation print and FedEx Corp.’s (NYSE:FDX) shocking profit warning, top Wall Street strategists see …
Instrument: US100 Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 12178.73 with take profit at 12237.24 Bearish Preference: A sell position is envisaged if price trades below price 11893.37 with take profit at 11813.50 Fundamentals:1:30 USD: PPI m/m Core PPI m/m Comment: Apple Inc. shares rallied the most since …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 1725.62 with take profit at 1727.23 Bearish Preference: A sell position is envisaged if price trades below price 1718.76 with take profit at 1717.53 Fundamentals:1:30 USD: CPI m/m Core CPI m/m Comment: The gold …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.17081 with take profit at 1.17236 Bearish Preference: A Sell position is envisaged if price trades below price 1.16699 with take profit at 1.16545 Fundamentals:7:00am GBP GDP m/m Comment: GBP/USD rose 0.7% to 1.1667, piggy-backing on the euro’s gains versus the dollar, although the latest economic data showed …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 0.99588 with take profit at 0.99842 Bearish Preference: A sell position is envisaged if price trades below price 0.99069 with take profit at 0.98870 Fundamentals:2:45pm USD Final Services PMI3PM USD ISM Services PMI Comment: At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1727.61 with take profit at 1731.85 Bearish Preference: A Sell position is envisaged if price trades below price 1718.82 with take profit at 1714.83 Fundamentals:1:00pm USD FOMC Member Mester Speaks1:15pm USD ADP Non-Farm Employment Change Comment: Gold prices fell on Wednesday …
Instrument: OIL Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 99.18 with take profit at 99.86 Bearish Preference: A Sell position is envisaged if price trades below price 96.56 with take profit at 95.61 Fundamentals:No Major fundamental Comment: Oil prices recovered slightly on Wednesday as data pointed to firm U.S. fuel demand, providing respite after a 5% …
