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: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.41 with take profit at 75.61. Bearish Preference: Sell position is envisaged if price trades below 74.77 with take profit at 74.53. Fundamentals:None with a high impact on the commodity. Comment: Oil was mixed Wednesday morning in Asia, but remained above the $73 mark, as a production dispute between …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14762.75 with take profit at 14781.51. Bearish Preference: Sell position is envisaged if price trades below 14703.52 with take profit at 14684.73. Fundamentals:3:00pm USD ISM Services PMI Comment: The U.S. economy is booming, but this is now a known and asset markets reflect it. What isn’t so clear …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23585 with take profit at 1.23679. Bearish Preference: Sell position is envisaged if price trades below 1.23396 with take profit at 1.23328. Fundamentals:No Major Fundamentals Comment: Even if there are good jobs data, there is still a long way to go before the US reaches ‘full employment’ as …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.987 with take profit at 111.075. Bearish Preference: Sell position is envisaged if price trades below 110.681 with take profit at 110.563. Fundamentals:No major fundamental. Comment: USD/JPY appears to be in a stronger state if we look at price action over the last ten years. During this long period …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18842 with take profit at 1.18951. Bearish Preference: Sell position is envisaged if price trades below 1.18492 with take profit at 1.18381. Fundamentals:No Major Fundamentals Comment: The USD perched up to a fresh two-month-high on the morning of NFP. But, once the details of the report were incorporated …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1795.41 with take profit at 1798.10. Bearish Preference: Sell position is envisaged if price trades below 1787.16 with take profit at 1784.45. Fundamentals:No major fundamental. Comment: Gold prices traded modestly higher during Monday’s APAC session, as a weaker US Dollar and lower yields bolstered the appeal of the yellow …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14618.14 with take profit at 14632.40. Bearish Preference: Sell position is envisaged if price trades below 14558.76 with take profit at 14546.46. Fundamentals:1:30 pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.10 with take profit at 1792.50. Bearish Preference: Sell position is envisaged if price trades below 1780.96 with take profit at 1778.88. Fundamentals:1:30pm USD Average Hourly Earnings m/m USD Non-Farm Employment Change USD …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.89 with take profit at 76.08. Bearish Preference: Sell position is envisaged if price trades below 75.14 with take profit at 74.96. Fundamentals:All Day OPEC-JMMC Meetings Comment: Oil was up Friday morning in Asia, retaining its gains from the previous session after a disagreement within the …
