Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1817.04 with take profit at 1818.89. Bearish Preference: Sell position is envisaged if price trades below 1810.47 with take profit at 1809.03. Fundamentals:2:45pm USD Chicago PMI3:00pm USD CB Consumer Confidence Comment: Gold was up on Tuesday morning in Asia, with a weakening dollar giving the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.42 with take profit at 72.61. Bearish Preference: Sell position is envisaged if price trades below 71.55 with take profit at 71.34. Fundamentals:No major fundamental. Comment: Oil prices slipped on Tuesday amid concerns that power outages and flooding in Louisiana after Hurricane Ida will cut …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18121 with Take profit at 1.18235. Bearish Preference: Sell position is envisaged if price trades below 1.17897 with take profit at 1.17789. Fundamentals:No major fundamental. Comment: A late Friday surge as Powell’s much anticipated Jackson Hole speech, failed to provide a notable signal for tapering, …
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: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1796.58 with take profit at 1800.17. Bearish Preference: Sell position is envisaged if price trades below 1781.95 with take profit at 1778.27. Fundamentals:1:30pm USD Core Retail Sales …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15104.20 with take profit at 15120.41. Bearish Preference: Sell position is envisaged if price trades below 15047.24 with take profit at 15032.90. Fundamentals:1:30pm USD Core Retail Sales …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.478 with take profit at 109.671. Bearish Preference: Sell position is envisaged if price trades below 109.228 with take profit at 109.051. Fundamentals:No major fundamental. Comment: The US Dollar is seeing some movement Friday morning. USD price action has been trading on its back foot for most of …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1761.59 with take profit at 1763.57. Bearish Preference: Sell position is envisaged if price trades below 1752.33 with take profit at 1750.06. Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment: Gold was up on Friday morning in Asia, but was set for a second consecutive weekly …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15041.19 with take profit at 15047.62. Bearish Preference: Sell position is envisaged if price trades below 15006.14 with take profit at 14998.37. Fundamentals:USD 1:30PM PPI m/m Core PPI m/m …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17277 with take profit at 1.17407. Bearish Preference: Sell position is envisaged if price trades below 1.16992 with take profit at 1.16837. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: The dollar strengthened in early European trading Wednesday, extending …
