Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.69 with take profit at 74.95. Bearish Preference: Sell position is envisaged if price trades below 74.09 with take profit at 73.86. Fundamentals:No major fundamental. Comment: Crude oil prices pulled back slightly during Monday’s APAC mid-day session after rising 3.5% over the last two days. The emergence …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.309 with take profit at 110.430. Bearish Preference: Sell position is envisaged if price trades below 109.992 with take profit at 109.837. Fundamentals:No major fundamental. Comment: There has been a sharp decline in USDJPY after the NFP report. The US Dollar (via the DXY Index) has dropped back …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1808.89 with take profit at 1813.04. Bearish Preference: Sell position is envisaged if price trades below 1797.16 with take profit at 1794.36 . Fundamentals:All Day G20 Meetings Comment: Concerns over slowing global economic growth, coupled with fears over Covid flareups, particularly in Europe and Asia, …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25183 with take profit at 1.25408. Bearish Preference: Sell position is envisaged if price trades below 1.24718 with take profit at 1.24510. Fundamentals:1:30 pm CAD Employment Change CAD Unemployment RateAll Day G20 Meetings Comment: It’s a relatively busy day ahead …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34485 with take profit at 34560. Bearish Preference: Sell position is envisaged if price trades below 34249 with take profit at 34173. Fundamentals:All Day G20 Meetings Comment: Wall Street lost ground on Thursday, with the S&P 500 and the Nasdaq pulling back from record closing highs …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18509 with take profit at 1.18625. Bearish Preference: Sell position is envisaged if price trades below 1.18232 with take profit at 1.18131. Fundamentals:11:00 am EUR ECB President Lagarde SpeaksAll Day G20 Meetings Comment: The dollar pushed higher in early European trade Friday …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.68 with take profit at 74.09. Bearish Preference: Sell position is envisaged if price trades below 72.75 with take profit at 72.27. Fundamentals:USD 3:30 PM Natural Gas Storage 4:00 PM Crude Oil Inventories Comment: Oil prices dropped Thursday, falling for the third consecutive session, on …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14758.49 with take profit at 14785.42. Bearish Preference: Sell position is envisaged if price trades below 14621.69 with take profit at 14595.34. Fundamentals:1:30pm USD Unemployment Claims Comment: According to the minutes of the U.S. central bank’s June policy meeting, Fed officials felt substantial further progress on …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18145 with take profit at 1.18288. Bearish Preference: Sell position is envisaged if price trades below 1.17772 with take profit at 1.17614. Fundamentals:1:30pm USD Unemployment ClaimsTentative EUR ECB President Lagarde Speaks Comment: The dollar maintained a strong tone in early European trade Thursday after the …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34524 with take profit at 34569. Bearish Preference: Sell position is envisaged if price trades below 34401 with take profit at 34353. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: U.S. stocks are seen edging higher at the open Wednesday, cautiously rebounding after the previous session’s losses ahead of the …
