Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27090 with take profit at 1.27226. Bearish Preference: Sell position is envisaged if price trades below 1.26641 with take profit at 1.26510. Fundamentals: 1:30pm CAD CPI m/m Comment: Tuesday’s softer-than-expected US CPI report suggested that the big surge in inflation this year may have peaked and eased fears …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1819.23 with take profit at 1821.87. Bearish Preference: Sell position is envisaged if price trades below 1809.52 with take profit at 1807.23 Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Manufacturing PMI Comment: Gold was down on Wednesday morning in Asia. Investors continued their cautious …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1799.13 with Take profit at 1800.60. Bearish Preference: Sell position is envisaged if price trades below 1791.00 with take profit at 1789.53. Fundamentals:USD All Day Jackson Hole Symposium1:30pm USD Core PCE …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26313 with take profit at 1.26469. Bearish Preference: Sell position is envisaged if price trades below 1.25969 with take profit at 1.25840. Fundamentals:1:30pm USD Core Durable Goods Orders m/m3:30pm USD Crude Oil …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15171.54 with take profit at 15186.93. Bearish Preference: Sell position is envisaged if price trades below 15108.20 with take profit at 15090.11. Fundamentals:No major fundamental Comment: The Nasdaq 100 index pulled back from all-time highs last week and entered a technical correction. Prices breached below the 20-Day SMA line, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36344 with take profit at 1.36472. Bearish Preference: Sell position is envisaged if price trades below 1.36008 with take profit at 1.35885. Fundamentals:No major fundamentals Comment: The U.S. dollar hit a new 9-1/2-month high against major peers on Friday, buoyed by fears that the Delta …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.29222 with take profit at 1.29394. Bearish Preference: Sell position is envisaged if price trades below 1.28463 with take profit at 1.28274. Fundamentals:1:30pm CAD Core Retail Sales m/m Comment: The safe-haven U.S. dollar …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.478 with take profit at 109.671. Bearish Preference: Sell position is envisaged if price trades below 109.228 with take profit at 109.051. Fundamentals:No major fundamental. Comment: The US Dollar is seeing some movement Friday morning. USD price action has been trading on its back foot for most of …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17409 with take profit at 1.17560. Bearish Preference: Sell position is envisaged if price trades below 1.17122 with take profit at 1.16971. Fundamentals:No Major Fundamental Comment: The disappointing ZEW Survey readings from the euro area seems to be weighing on the shared currency on Tuesday. The …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15099.22 with take profit at 15118.55. Bearish Preference: Sell position is envisaged if price trades below 15041.33 with take profit at 15019.07. Fundamentals:USD 3:00PM: FOMC Member Bostic Speaks JOLTS Job Openings …
