Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25254 with take profit at 1.25386. Bearish Preference: Sell position is envisaged if price trades below 1.24796 with take profit at 1.24607. Fundamentals:1:30pm USD PPI m/m USD Core PPI m/m3:00pm CAD BOC Monetary …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38611 with take profit at 1.38789. Bearish Preference: Sell position is envisaged if price trades below 1.38342 with take profit at 1.38161. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m 6:01pm USD 30-y Bond Auction Comment: The dollar is largely unchanged in early European …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1812.85 with take profit at 1814.98. Bearish Preference: Sell position is envisaged if price trades below 1805.17 with take profit at 1801.67. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m 6:01pm USD 30-y Bond Auction Comment: Gold futures are trading nearly …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.69 with take profit at 74.95. Bearish Preference: Sell position is envisaged if price trades below 74.09 with take profit at 73.86. Fundamentals:No major fundamental. Comment: Crude oil prices pulled back slightly during Monday’s APAC mid-day session after rising 3.5% over the last two days. The emergence …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.309 with take profit at 110.430. Bearish Preference: Sell position is envisaged if price trades below 109.992 with take profit at 109.837. Fundamentals:No major fundamental. Comment: There has been a sharp decline in USDJPY after the NFP report. The US Dollar (via the DXY Index) has dropped back …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18509 with take profit at 1.18625. Bearish Preference: Sell position is envisaged if price trades below 1.18232 with take profit at 1.18131. Fundamentals:11:00 am EUR ECB President Lagarde SpeaksAll Day G20 Meetings Comment: The dollar pushed higher in early European trade Friday …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18145 with take profit at 1.18288. Bearish Preference: Sell position is envisaged if price trades below 1.17772 with take profit at 1.17614. Fundamentals:1:30pm USD Unemployment ClaimsTentative EUR ECB President Lagarde Speaks Comment: The dollar maintained a strong tone in early European trade Thursday after the …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1816.53 with take profit at 1819.57. Bearish Preference: Sell position is envisaged if price trades below 1803.15 with take profit at 1799.32. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: Gold was up on Wednesday morning in Asia after hitting a three-week high during the previous session. A weakening …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38227 with take profit at 1.38358. Bearish Preference: Sell position is envisaged if price trades below 1.37975 with take profit at 1.37813. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: The dollar edged lower in early European trade Wednesday ahead of the release of the keenly-awaited minutes from the …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1795.41 with take profit at 1798.10. Bearish Preference: Sell position is envisaged if price trades below 1787.16 with take profit at 1784.45. Fundamentals:No major fundamental. Comment: Gold prices traded modestly higher during Monday’s APAC session, as a weaker US Dollar and lower yields bolstered the appeal of the yellow …
