Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.286 with take profit at 114.399 Bearish Preference: Sell position is envisaged if price trades below 114.014 with take profit at 113.914 Fundamentals:No Major Fundamental Comment: The Fed handed down its decision on Wednesday, where it announced it would begin asset tapering in November. However, …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24325 with take profit at 1.24451. Bearish Preference: Sell position is envisaged if price trades below 1.24016 with take profit at 1.23885. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI7:00pm USD FOMC Statement7:30pm USD FOMC Press Conference Comment: Although it’s the Fed’s outlook on …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15916.83 with take profit at 15935.31. Bearish Preference: Sell position is envisaged if price trades below 15833.76 with take profit at 15808.65. Fundamentals:No major fundamental Comment:Stock futures were mildly lower in early morning trading on Tuesday after the S&P 500 eked out a fresh record …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36692 with take profit at 1.36878 Bearish Preference: Sell position is envisaged if price trades below 1.36192 with take profit at 1.35912 Fundamentals:No major fundamental Comment: The currency pair has failed to capitalize on the modest bearish pressure surrounding the dollar at the start of …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.15757 with take profit at 1.15879. Bearish Preference: Sell position is envisaged if price trades below 1.15441 with take profit at 1.15370. Fundamentals:EUR French Bank Holiday Italian Bank HolidayUSD 3:00pm ISM Manufacturing PMI Comment: EUR/USD remains sidelined around 1.1550, following the heaviest daily …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.70 with take profit at 1809.83 Bearish Preference: Sell position is envisaged if price trades below 1794.35 with take profit at 1789.05 Fundamentals:1:30pm Advanced GDP 1:30pmUnemployment Claims Comment: Gold up as US Bond Yields Falls. We are in a consolidation period for gold, but policy …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37818 with take profit at 1.37918. Bearish Preference: Sell position is envisaged if price trades below 1.37438 with take profit at 1.37338. Fundamentals:Tentative: GBP Annual Budget Release Comment: The dollar edged lower in early European trade Wednesday in calm trading ahead of next week’s Federal Reserve …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.051 with take profit at 114.166. Bearish Preference: Sell position is envisaged if price trades below 113.851 with take profit at 113.717. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: The dollar edged higher Tuesday, rebounding from a one-month low although gains are small ahead of the …
Instrument: AUDUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.74473 with take profit at 0.74598. Bearish Preference: A Sell position is envisaged if price trades below price 0.74214 with take profit at 0.74103. Fundamentals:1:30pm USD Core Retail Sales m/m USD Retail Sales m/m Comment: The dollar was down on …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.37032 with take profit at 1.37156. Bearish Preference: A Sell position is envisaged if price trades below price 1.36783 with take profit at 1.36683. Fundamentals:1:30pm USD PPI m/m USD Core PPI m/m USD Unemployment …
