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: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27980 with take profit at 1.28156. Bearish Preference: Sell position is envisaged if price trades below 1.27250 with take profit at 1.27038. Fundamentals:No major fundamental. Comment: The USD/CAD pair held on to its intraday gains through the early European session and was last seen trading near-daily …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14620.33 with take profit at 14638.95. Bearish Preference: Sell position is envisaged if price trades below 14517.65 with take profit at 14490.34. Fundamentals:No major fundamental. Comment: US futures contracts on NASDAQ and and stocks in Europe retreated Monday on concerns that the global economic recovery will fizzle …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.54 with take profit at 1809.85. Bearish Preference: Sell position is envisaged if price trades below 1797.86 with take profit at 1794.32. Fundamentals:No major fundamental. Comment: Gold prices fell alongside stocks on Friday as a disappointing US consumer confidence survey from the University of Michigan sent markets scrambling. …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17979 with take profit at 1.18072. Bearish Preference: Sell position is envisaged if price trades below 1.17700 with take profit at 1.17580. Fundamentals:No major fundamental. Comment: The dollar edged higher in early European trading Monday, maintaining its recent strong tone as rising Covid-19 cases threaten to …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.090 with take profit at 110.222. Bearish Preference: Sell position is envisaged if price trades below 109.681 with take profit at 109.560. Fundamentals:No major fundamental. Comment: Despite rising covid cases in Japan and globally, the government kept its economic assessment unchanged in July, which failed …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14836.37 with take profit at 14854.79. Bearish Preference: Sell position is envisaged if price trades below 14785.90 with take profit at 14765.67. Fundamentals:1:30 PM USD Core retail Sales USD Retail Sales3:00PM USD Prelim UoM …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.64 with take profit at 73.88. Bearish Preference: Sell position is envisaged if price trades below 72.88 with take profit at 72.63. Fundamentals:None with high impact. Comment: Oil was up Friday morning in Asia, but was headed towards the biggest weekly decline since mid-March 2021. Worsening …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.194 with take profit at 110.297. Bearish Preference: Sell position is envisaged if price trades below 109.869 with take profit at 109.773. Fundamentals:1:30 PM USD Core retail Sales USD Retail Sales3:00PM USD Prelim UoM …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.106 with take profit at 110.215. Bearish Preference: Sell position is envisaged if price trades below 109.897 with take profit at 109.762. Fundamentals:1:30 PM USD Unemployment Claims Philly Fed …
