Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22317 with a take profit 1.22499. Bearish Preference: Enter a Sell position if price trades below 1.21996 with take profit at 1.21841. Fundamentals: 2:30 pm USD Final GDP q/q Comment: The buck gained some strength yesterday and this is due to the passage of the $900 billion …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33012 with a take profit 1.33934. Bearish Preference: Enter a Sell position if price trades below 1.32340 with take profit at 1.31403. Fundamentals:No Major Fundamentals. Comment: The cable saw a gap down on Friday, we could attribute that to the stalemate in the Br-exit negotiations, also …
Instrument: GOLD Technical Analysis Bullish Preference: Buy if price trades above 1859.28 with take profit at 1862.15. Bearish Preference: A sell is envisaged when price trades below 1849.26 with take profit at 1847.91. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:45pm USD Flash Manufacturing PMI Comment: Gold was up on Wednesday morning in Asia, with investors monitoring progress …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisaged if price trades above 45.61 with take profit at 46.12. Bearish Preference: Sell is envisaged if price trades below 44.96 with take profit at 44.46. Fundamentals:No Major Fundamentals Comment: Brent prices rose as investor and traders eyed a recovery in crude oil demand, thanks to the successful corona-virus vaccine trials, also …
Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.17243 with take profit at 1.16882. Alternative scenario: Buy position is envisaged if price trades above 1.17516 with take profit at key level 1.17790. Fundamentals:8:20am EUR ECB President Lagarde Speaks Comment: The dollar was up on Wednesday morning across board in Asia, with investors digesting …
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 …
Instrument: AUDUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 0.73356 with take profit at 0.73044 Alternative scenario: Buy position is envisaged if price trades above 0.73848 with take profit at key level 0.74080 Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: Separate data from the Australian Bureau of Statistics showed Australia suffered its worst economic …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 26863 with take profit at key level 26979. Alternative scenario: Sell if price trades below 26666 with take profit at 26497. Fundamentals:3:00pm USD ISM Non-Manufacturing PMI Comment: Wall Street ended higher after a choppy session on Tuesday, lifted by Apple and energy stocks but …
Instrument: GOLD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1804.72 with take profit at key level 1810.84. Alternative scenario: Sell if price trades below 1790.54 with take profit at 1781.35. Fundamentals:CPI m/m (USD) 1:30 pmCore CPI m/m (USD) 1:30 pm Comment: The yellow metal has seen its price spike due to market instability …
Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.13361 with take profit at 1.13641. Alternative scenario: Buy position is envisaged if price trades above 1.36203 with take profit at key level 1.36472. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: The number of new cases of infection in …
