Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1811.11 with take profit at 1813.44. Bearish Preference: Sell position is envisaged if price trades below 1804.01 with take profit at 1802.07. Fundamentals:No major fundamental. Comment: Gold was down on Wednesday morning in Asia. The dollar strengthened and fears about the recent surge in COVID-19 cases …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 69.53 with take profit at 70.34. Bearish Preference: Sell position is envisaged if price trades below 67.84 with take profit at 67.19. Fundamentals:No major fundamental. Comment: Oil was up Tuesday morning in Asia, but Brent oil futures and WTI futures both remaining below the $70 …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14841.02 with take profit at 14864.59. Bearish Preference: Sell position is envisaged if price trades below 14788.19 with take profit at 14762.32. Fundamentals:No major fundamental. Comment: Fears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth and that made for …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1816.53 with take profit at 1819.57. Bearish Preference: Sell position is envisaged if price trades below 1803.15 with take profit at 1799.32. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: Gold was up on Wednesday morning in Asia after hitting a three-week high during the previous session. A weakening …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18543 with take profit at 1.18724. Bearish Preference: Sell position is envisaged if price trades below 1.18302 with take profit at 1.18151. Fundamentals:3:00 pm USD ISM Services PMI Comment: U.S. economy is seen opening marginally lower Tuesday. European stock markets slipped lower Tuesday as investors digested a rise …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38939 with take profit at 1.39097. Bearish Preference: Sell position is envisaged if price trades below 1.38608 with take profit at 1.38458. Fundamentals:3:00 pm USD ISM Services PMI Comment: Investors assess the US job data is not strong enough to alter the Fed’s current ultra-accommodative monetary policy stance. On …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15584.8 with take profit at 15612.9. Bearish Preference: Sell position is envisaged if price trades below 15529.3 with take profit at 15506.7. Fundamentals:10:00 am EUR ZEW Economic Sentiment EUR German ZEW Economic Sentiment Comment: European stock markets edged lower Monday, with investors keeping a wary eye on the …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1780.02 with take profit at 1782.27. Bearish Preference: Sell position is envisaged if price trades below 1771.91 with take profit at 1769.54. Fundamentals:USD 1:30 PM Unemployment Claims 3:30 PM ISM Manufacturing PMI Comment: The dollar was headed for its biggest monthly rise …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14393.25 with take profit at 14407.02. Bearish Preference: Sell position is envisaged if price trades below 14352.43 with take profit at 1.38653. Fundamentals:1:30pm USD Core PCE Price Index m/m3:00pm USD Revised UoM Consumer Sentiment Comment: Futures tracking the S&P 500 and Nasdaq 100 indexes were near record highs …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1789.00 with take profit at 1792.99. Bearish Preference: Sell position is envisaged if price trades below 1771.17 with take profit at 1768.05. Fundamentals:USD 1:30PM Core PCE Price Index m/mUSD 3:00PM Revised UoM Consumer Sentiment Comment: Gold was up on Friday morning in Asia as …
