Intraday: Bullish Technical Analysis Preference: A buy if price trades above 1.08524 with take profit at 1.08817 Alternative scenario: Sell at 1.08191 with take profit at 1.07872 Fundamentals:1:30pm US Averag HourlyEarnings m/m Non-Farm Employment Change Unemployment Rate Comment: The U.S. dollar weakened in early European trade Friday as the onslaught of grim economic …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.39259 with take profit at 1.38740 Alternative scenario: Buy position is envisaged if price trades above 1.40092 with take profit at 1.40579. Fundamentals:1:30pm USD Advance GDP q/q7:00pm USD FOMC Statement Comment: The pair nears the two-week low flashed the previous day amid broad US dollar weakness …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 0.64822 with TP at 0.65189. Alternative scenario: Sell position is envisaged if price trades below 0.64455 TP at 0.64203. Fundamentals:CB Consumer Confidence (USD) 3:00pm Comment: Technically, on the H1 time frame we have seen that the pair has been making higher highs, we expect the instrument …
Intraday: Bearish Technical Analysis Preference: Sell if price trades below 1.08121 with take profit at 1.07840 Alternative scenario: Buy position is envisaged if price trades above 1.08355 with take profit at 1.08529 Fundamentals:French Flash Services PMI (EU) 8:15amFrench Flash Manufacturing PMI (EU) 8:15amGerman Flash Manufacturing PMI (EU) 8:30amGerman Flash Services PMI (EU) 8:30amUnemployment Claims (USD) 1:30pmFlash Manufacturing …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if trades below 1.09496 with take profit at 1.09400 * Alternative scenario: A Buy position is envisaged if price trades above 1.09545 with take profit at 1.09600 * Fundamentals:USD Core Retail Sales m/mUSD Retail Sales m/mUSD Empire State Manufacturing IndexUSD Capacity Utilization RateUSD Industrial Production …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged at current price with take profit at 0.63325. * Alternative scenario: A Buy position is envisaged if price trades above 0.63325 with take profit at 0.63444 * Fundamentals:USD Core Retail Sales m/mUSD Retail Sales m/mUSD Empire State Manufacturing IndexUSD Capacity Utilization Rate Comment: The U.S. dollar rose in …
