Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.19662 with take profit at key level 1.20381 Alternative scenario: Sell if price trades below 1.19406 with take profit at 1.19236 Fundamentals:ISM Manufacturing PMI Comment: The USD saw a record drop in price among major currency pairs as Feds chair’s speech Mr. Powell failed …
Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.19099 with take profit at 1.19448 Alternative scenario: Sell position is envisaged if price trades below 1.18902 with take profit at 1.18264 Fundamentals:No major economic data with bearing on the pair. Comment: The pair is envisaged to trade higher owing to the dovish stance …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.30888 with take profit at 1.30778 Alternative scenario: Buy position is envisaged if price trades above 1.30945 with take profit at 1.31537 Fundamentals:1:30pm CAD GDP m/mUSD Core PCE Price Index m/mUSD Personal Spending m/m Comment: The loonie gained momentum despite the recovery of the …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 28240 with take profit at 28335. Alternative scenario: Sell position is envisaged if price trades below 28107 with take profit at 28043. Fundamentals:No fundamental with direct impact on the index Comment: Stock markets are set to see mixed trading Wednesday, pausing after further records …
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: A Buy is in order if prices trade above 27514 with take profit at 27599. Alternative scenario: Sell is in order if price trades below 27345 with take profit at 27251 Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m7:00pm USD Federal Funds Rate Comment: U.S. stock-index futures …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged at current price with take profit at 0.63325. * Alternative scenario: A Buy position is envisaged if price trades above 0.63325 with take profit at 0.63444 * Fundamentals:USD Core Retail Sales m/mUSD Retail Sales m/mUSD Empire State Manufacturing IndexUSD Capacity Utilization Rate Comment: The U.S. dollar rose in …
