Instrument: GOLD Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below price 1725.82 with take profit at price 1721.64 Bullish Preference: A Buy position is envisaged if price trades above 1733.10 with a take profit at price 1737.42. Fundamentals:2:00pm USD Fed Chair Powell Speaks Comment: Gold prices slipped on Monday as investors opted for alternative …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33007 with take profit at 33087. Bearish Preference: Sell position is envisaged if price trades below 32765 with take profit at 32726. Fundamentals:7PM USD FOMC Statement7:30PM USD FOMC Press Conference Comment: Asian stocks fell on Wednesday, tracking Wall Street as investors waited to see if the U.S. …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19239 with take profit at 1.19368. Bearish Preference: Sell position is envisaged if price trades below 1.19098 with take profit at 1.18948 Fundamentals:1:30pm USD Core Retail Sales m/m USD Retail Sales m/m3:00pm USD Business Inventories m/m Comment: Monday’s rebound came ahead of …
Instrument: GOLD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below 1719.50 with take profit at 1714.57. Bullish Preference: Buy position is envisaged if price trades above 1729.42 with take profit at 1736.00. Fundamentals:No major fundamentals Comment: Gold prices erased early gains on Monday as hopes of a faster economic recovery for the U.S got a boost. …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19385 with take profit at 1.19516. Bearish Preference: Sell position is envisaged if price trades below 1.19065 with take profit at 1.18895. Fundamentals:EUR: German WPI m/m (8am)EUR: Eurogroup Meetings (ALL DAY)USD: Empire State Manufacturing Index (1:30 AM) Comment: On Friday, EU reported that Euro Area …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.247 with take profit at 109.401. Bearish Preference: Sell position is envisaged if price trades below 108.809 with take profit at 108.703. Fundamentals:No major economic data Comment: The dollar was up on Friday morning in Asia but remained near a one-week low as calmer bond …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisage if price trades above 68.55 with take profit at 69.28. Bearish Preference: Sell is envisaged if price trades below 67.75 with take profit at 66.96. Fundamentals:None with high impact on the commodity. Comment: Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.38240 with take profit at 1.38141 Bullish Preference: Buy is envisaged if the price trades above 1.38808 with take profit at 1.39006 Fundamentals:No major Fundamental Comment: GBP/USD is under pressure as US growth expectations boost the dollar. The UK’s reopening and rapid vaccination campaign are helping sterling …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18998 with take profit at 1.19173 Bearish Preference: Sell position is envisaged if price trades below 1.18385 with take profit at 1.18205 Fundamentals:No major Fundamental Comment: The euro has started the week in negative territory, dropping below the 1.19 level. Currently, EUR/USD is trading at …
Instrument: GOLD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below the verified support at price 1686.04 with take profit at 1672.53 Bullish Preference: Buy position is envisaged if price trades above 1708.80 with a take profit at price 1719.56 Fundamentals:No major fundamental Comment: Gold futures finished slightly lower on Friday after clawing back earlier losses. Despite reports …
