Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1945.50 with take profit at 1961.40. Bearish Preference: Sell is envisaged if price trades below 1935.89 with take profit at 1924.37. Fundamentals:ISM Manufacturing PMI (USD) 4 PM Comment: Gold went slightly down on Tuesday morning, with investors eagerly waiting the results of a runoff election in …
Instrument: NZDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.70466 with a take profit 0.70035. Bearish Preference: Enter a Sell position if price trades below 0.70789 with take profit at 0.71032. Fundamentals:2:30 pm USD Final GDP q/q Comment: The dollar has been trading above major pairs but the fear of the new COVID has stopped …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.33980 with take profit at 1.34664. Bearish Preference: Sell is envisaged if price trades below 1.33297 with take profit at 1.32587. Fundamentals:No Fundamentals Comment: Fundamentally the pounds has seen some boost as investors see that a brexit deal is very possible soon, for this sole reason the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19407 with a take profit 1.19557. Bearish Preference: Sell position is envisaged if price trades below 1.19250 with take profit at 1.19100. Fundamentals:no major economic data with direct bearing to this pair. Comment: The dollar has seen significant rise in more unemployment claims, couple with a …
Instrument: NZDUSD Technical Analysis Bullish Preference: Buy if price trades above 0.69741 with take profit at 0.69841. Bearish Preference: A sell is envisaged when price trades below 0.69443 with take profit at 0.69343. Fundamentals:4:00pm USD Revised UoM Consumer Sentiment8:00pm USD FOMC Meeting Minutes Comment: The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy is envisaged if price trades above 1.33989 with take profit at 1.34089. Bearish Preference: A sell is envisaged if price trades below 1.33252 with take profit at 1.33049. Fundamentals:USD CB Consumer Confidence 4PM Comment: The pound is staying close to a near 12-week high against the dollar thanks to investor bets that the …
Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 29850 with take profit at 29938. Bearish Preference: Sell is envisaged if price trades below 29716 with take profit at 29632. Fundamentals:USD CB Consumer Confidence 4PM Comment: U.S. private sector business activity rose sharply in November, as growth momentum picked up further. The overall expansion was the …
Instrument: USDCHF Technical Analysis Bullish Preference: Buy is envisaged if price trades above 0.91029 with take profit at 0.91150. Bearish Preference: Sell is envisaged if price trades below 0.90826 with take profit at 0.90528. Fundamentals:Manufacturing PMI (USD) 3:45PM Comment: The buck has been struggling to break a high of 0.91239 zone and price keeps re-testing a strong support at 0.90889. …
Instrument: GBPUSD Technical Analysis Bearish Preference: A sell is envisaged when price trades below 1.32241 with take profit at 1.32041 Bullish Preference: Buy if price trades above 1.32738 with take profit at 1.32938 Fundamentals:No Major fundamental(s). Comment: The U.S. dollar continues to lose ground against a broad basket of currencies. Today, foreign exchange market traders will focus on Brexit news and …
Instrument: US30 Technical Analysis Bearish Preference: A sell is envisaged when price trades below 29419 with take profit at 29110. Bullish Preference: Buy if price trades above 29739 with take profit at 29882. Fundamentals:No Major fundamental(s). Comment: The Dow cut some losses but ended lower Tuesday, as investors digested data showing signs of weakness in the U.S. consumer, while …
