Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21507 with take profit at 1.21687. Bearish Preference: Sell position is envisaged if price trades below 1.21203 with take profit at 1.21017. Fundamentals:1:30 pm USD CPI m/m USD Core CPI m/m Comment: The dollar edged higher in early European trade Wednesday, …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1732.69 with take profit at 1735.02. Bearish Preference: Sell position is envisaged if price trades below 1724.08 with take profit at 1721.95. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: Everything now rests with this evening’s US inflation …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18979 with take profit at 1.19093. Bearish Preference: Sell position is envisaged if price trades below 1.18851 with take profit at 1.18743. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: The US Indices have thought pretty well …
Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.18417 with take profit at 1.18132 Alternative scenario: Buy position is envisaged if price trades above 1.18738 with take profit at 1.18983 Fundamentals:Fed Chair Powell Speaks (US) 3 PM Comment: Economic data from the Eurozone have shown a rebound in recent times but with …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.09016 with take profit at 1.08836 Alternative scenario: Buy position is envisaged if price trades above 1.09260 with take profit at 1.09377 Fundamentals:ECB Monetary Policy Meeting Accounts (EUR) 12:30 pm Comment: The Greenback traded higher yesterday against an array of other currencies, the Euro inclusive and given that previous data released from the Eurozone has …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price go below 22.05 with TP at 20.26 Alternative scenario: Buy position is envisaged if price goes above 23.60 TP at 25.09. Fundamentals:No major economic data expected today Comment: Oil has seen steady decline in price as investors, look forward to the anticipated crude oil inventories coming out on …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.08474 with take profit at 1.08779 Alternative scenario: Sell position is envisaged if price trades below 1.08367 with take profit at 1.08141 Fundamentals:No major economic data expected today Comment: The pair is envisaged to trade higher today, having successfully closed above the bearish channel on the hourly …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 0.87250 with take profit at 0.87487 Alternative scenario: Sell position is envisaged if price trades below 0.87043 with take profit at 0.86821 Fundamentals:No major economic data expected today Comment: The pair is trading around a strong support level on the hourly chart and a retracement off …
