Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.94 with take profit at 75.11. Bearish Preference: Sell position is envisaged if price trades below 74.23 with take profit at 74.00. Fundamentals:No major fundamental Comment: Oil price met resistance in the past five days within $74.78 and $75.22 and has not since been able to climb …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14285.46 with take profit at 14308.00. Bearish Preference: Sell position is envisaged if price trades below 14243.85 with take profit at 14219.58. Fundamentals:2:45pm USD Flash Manufacturing PMI USD Flash Services PMI Comment: Nasdaq 100 index hit a record high on …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.95 with take profit at 74.14. Bearish Preference: Sell position is envisaged if price trades below 73.30 with take profit at 73.13. Fundamentals:None with a high impact on the Commodity. Comment: Crude oil prices extended higher during Monday’s Asia-Pacific mid-day session amid a broad pullback in equities. …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.835 with take profit at 109.966. Bearish Preference: Sell position is envisaged if price trades below 109.582 with take profit at 109.453. Fundamentals:No major Fundamentals Comment: The US Dollar (via the DXY Index) proved feeble in the wake of the May US nonfarm payrolls report, failing to gain …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14013.80 with take profit at 14032.43. Bearish Preference: Sell position is envisaged if price trades below 13919.59 with take profit at 13893.42. Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment: U.S. stock index futures rose on Friday after inflation data calmed concerns over a possible long-term spike in …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41457 with take profit at 1.41585. Bearish Preference: Sell position is envisaged if price trades below 1.41097 with take profit at 1.40977. Fundamentals:1:30pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 13778.40 with a take profit at price 13811.33. Bearish Preference: A Sell position is envisaged if price trades below 13699.40 with take profit at price 13666.65. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Traders are returning from Memorial Day with renewed optimism as stock index futures point higher …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13748.39 with take profit at 13775.25. Bearish Preference: Sell position is envisaged if price trades below 13673.30 with take profit at 13647.72. Fundamentals:None with high impact. Comment: U.S. stocks closed slightly lower on Tuesday, and each of Wall Street’s main indexes failed to stray far from the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13751.95 with take profit at 13771.67. Bearish Preference: Sell position is envisaged if price trades below 13688.77 with take profit at 13661.70. Fundamentals:3:00pm USD CB Consumer Confidence Comment: U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13506 with take profit at 13523.16. Bearish Preference: Sell position is envisaged if price trades below 13449.70 with take profit at 13427.31. Fundamentals:No major fundamental. Comment: The technology sector extended higher towards the end of the week as investors cheered a decent jobless claims report and cooling inflationary …
