Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.216 with take profit at 109.320. Bearish Preference: Sell position is envisaged if price trades below 109.039 with take profit at 108.930. Fundamentals:No major fundamental Comment: The Dollar/Yen closed higher on Friday as a spike in U.S. Treasury yields widened the spread against Japanese Government …
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 108.351 with take profit at 108.530. Bearish Preference: Sell position is envisaged if price trades below 107.938 with take profit at 107.722. Fundamentals:2.30PM – USD Non-Farm Employment Change USD Average Hourly Earnings m/m USD Unemployment Rate Comment: The …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy is envisage if price trades above 107.190 with take profit at 107.330. Bearish Preference: Sell is envisaged if price trades below 107.037 with take profit at 106.880. Fundamentals:6:05PM – Fed Chair Powell Speaks Comment: The dollar inched up on Thursday morning in Asia after hitting a seven-month high against the yen during …
Instrument: DE30 Technical Analysis Bullish Preference:A buy position is envisaged if price trades above 14004.3 with a take profit at 14051.9 Bearish Preference: A sell position is envisaged if price trades below price 13816.7 with take profit at price 13758.5 Fundamentals:No major fundamentals Comment: Stocks plunged on Friday, as investors continued to sell tech shares that have rallied throughout …
Instrument: GOLD Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below 1741.41 with a take profit at 1719.92. Bullish Preference: A Buy position is envisaged if price trades above price 1780.05 with take profit at price 1793.15 Fundamentals:USD: Core PCE Price Index m/m (2:30pm)USD: Chicago PMI (3:45pm) Comment: The Precious Metal which is seen as a …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell if price trades below 1.21442 and take profit at 1.21242 Bullish Preference: Buy if price trades above 1.21713 and take profit at 1.21814 Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: The US dollar languished near six-week lows amid doubts about a relatively faster US economic recovery and was seen as one of the …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell if price trades below 1.20210 with take Profit at 1.19706 Bullish Preference: Buy if price trades above 1.20569 with take Profit at 1.20789 Fundamentals:No major fundamental Comment: Strong U.S. retail sales, new signs the Federal Reserve will maintain its accommodative stance, and an ongoing push for further U.S. stimulus have bolstered economic optimism, but …
Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 31504 with take profit at 31550 Bearish Preference: Sell is envisaged if price trades below 31432 with take profit at 31376 Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m Comment: The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1786.99 with take profit at 1781.88 Bullish Preference: Buy is envisaged if price trades above 1795.91 with take profit at 1800.87 Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m Comment: Gold was down on Wednesday morning in Asia, continuing its decline for a fifth consecutive …
