Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34904 with take profit at 34935. Bearish Preference: Sell position is envisaged if price trades below 34825 with take profit at 34794. Fundamentals:2:45 PM USD Flash Manufacturing PMI …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.50. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Both Brent and WTI futures remained above the $70-mark, and prices were almost unchanged as the week draws …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17830 with take profit at 1.17930. Bearish Preference: Sell position is envisaged if price trades below 1.17531 with take profit at 1.17405. Fundamentals:9:00 AM EUR Flash Manufacturing …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.55. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Official US crude inventories followed the API data from the day before and posted a surprise increase in …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1805.92 with take profit at 1807.95. Bearish Preference: Sell position is envisaged if price trades below 1796.72 with take profit at 1795.02. Fundamentals:USD1:30 PM Unemployment Claims 3:00PM CB Leading …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14723.45 with take profit at 14755.71. Bearish Preference: Sell position is envisaged if price trades below 14637.44 with take profit at 14605.12. Fundamentals:No major fundamental. Comment: U.S. stocks are seen opening mostly higher Wednesday, making a further recovery from Monday’s sharp losses despite disappointing results from streaming …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.08 with take profit at 71.28. Bearish Preference: Sell position is envisaged if price trades below 69.88 with take profit at 69.68. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Crude oil prices followed risk assets higher, shaking off the first weekly rise in U.S. crude oil …
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: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17717 with take profit at 1.17831. Bearish Preference: Sell position is envisaged if price trades below 1.17529 with take profit at 1.17406. Fundamentals:No major fundamental. Comment: The greenback has been able to maintain its strength despite stocks’ upswing – showing that it is more than …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36616 with take profit at 1.36766. Bearish Preference: Sell position is envisaged if price trades below 1.36025 with take profit at 1.35817. Fundamentals:No major fundamental. Comment: The dollar traded at multi-month highs in Europe Tuesday, continuing to benefit from its safe haven status amid concerns rising Covid-19 …
