Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.34944 with take profit at key level 1.34618. Alternative scenario: Buy if price trades above 1.35346 with take profit at 1.35572. Fundamentals:Flash Manufacturing PMI 2:45pm (USD) Comment: The instrument strengthen against the dollar as the strength of the dollar due to the dovish testimony of the …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.12066 with take profit at 1.12443. Alternative scenario: Sell position is envisaged if price trades below 1.11521 with take profit at 1.111205. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: The common currency lost ground last week owing to the failure of the European Union leaders …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 42.50 with take profit at 43.15. Alternative scenario: Sell is in order if price trades below 41.89 with take profit at 41.40. Fundamentals:No major economic data with a direct bearing to this index Comment: With the seeming ease on the ban on international flights, it …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 1.12424 with take profit at 1.12805. Alternative scenario: Sell is in order if price trades below 1.11758 with take profit at 1.11698. Fundamentals:ALL DAY EUR Economic Summit Comment: Technically price is at a proven support and sentiments seems to favour the EUR today given fundamentals from …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 25764 with take profit at key level 25446. Alternative scenario: Buy if price trades above 26050 with take profit at 26314. Fundamentals:No major economic data with a direct bearing to this index Comment: This index prior to today was ranging at a strong key level, …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 1.12993 with take profit at 1.13330. Alternative scenario: Sell is in order if price trades below 1.12627 with take profit at 1.12189. Fundamentals:5:00pm USD Fed Chair Powell Testifies Comment: The dollar drifted lower in early European trade Wednesday, but ranges are tight as investors …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1737.15 with take profit at 1743.78. Alternative scenario: Sell position is envisaged if price trades below 1726.14 with take profit at 1717.77 Fundamentals:No major economic data with direct bearing on the commodity Comment: Gold traded higher yesterday after U.S Fed. Chairman stated interest rates were …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 0.68969 with take profit at 0.68540. Alternative scenario: Buy position is envisaged if price trades above 0.69587 with take profit at 0.70110. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: Despite the fact that the dollar lost strength between yesterday and today, …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 1.34384 with take profit at 1.34896. Alternative scenario: Sell is in order if price trades below 1.34378 with take profit at 1.34061. Fundamentals:No major economic data with direct bearing on the commodity. Comment: USD has been on a free fall against the CAD, we could …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 43.38 with take profit at 44.00 Alternative scenario: Sell position is envisaged if price trades below 42.39 with take profit at 41.76 Fundamentals:No major economic data with direct bearing on the commodity Comment: Black gold is envisaged to benefit from the OPEC+ agreement on Saturday to extend the current …
