Instrument: US30 Technical Analysis Bearish Preference: Sell is envisage if price trades below 31327 with take profit at 31251. Bullish Preference: Buy is envisaged if price trades above 31473 with take profit at 31565. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: Stocks managed a powerful recovery in the final hour of trade on comments made by Federal Reserve Jerome …
Instrument: GOLD Technical Analysis Bearish Preference: Sell if price trades below 1805.34 and take profit at 1804.66. Bullish Preference: Buy if price trades above 1814.57 and take profit at 1816.27. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: During the end of January, silver was trading at roughly $25.50 per ounce. After a rapid price advance which took silver prices to …
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: EURUSD Technical Analysis Bearish Preference: Enter a Sell position if price trades below 1.20561 with take profit at 1.20180. Bullish Preference: Buy position is envisaged if price trades above 1.21048 with a take profit 1.21682. Fundamentals:Advance GDP q/q 2:30pm USD Comment: The dollar gained massive strength yesterday after the federal reserve meeting where we saw Jerome Powell stating …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 103.952 with take profit at 104.066. Bearish Preference: Sell position is envisaged if price trades below 103.576 with take profit at 103.477 Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m Comment: The dollar was up on Friday morning in Asia, however Federal Reserve Chair …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31157 with take profit at 31170. Bearish Preference: Sell position is envisaged if price trades below the 30825 with take profit at 30810. Fundamentals:2:30pm USD Import m/mUSD Unemployment Claims Comment: Equities remain supported by the prospect of more fiscal aid for the economy from the …
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: 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: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.18598 with take profit at 1.18898 Alternative scenario: Sell position is envisaged if price trades below 1.18402 with take profit at 1.18153 Fundamentals:No major economic data with bearing on the pair. Comment: The Fed position has been bearish for the dollar over a couple …
