Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 131.114 with take profit at 131.317. Bearish Preference: Sell position is envisaged if price trades below 130.727 with take profit at 130.475. Fundamentals:3:15 PM EUR Zone ECB President Lagarde Speaks. Comment: EUR/JPY: Retail trader data shows 50.32% of traders are net-long with the ratio of traders long to …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.95 with take profit at 74.14. Bearish Preference: Sell position is envisaged if price trades below 73.30 with take profit at 73.13. Fundamentals:None with a high impact on the Commodity. Comment: Crude oil prices extended higher during Monday’s Asia-Pacific mid-day session amid a broad pullback in equities. …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14114.86 with take profit at 14138.65. Bearish Preference: Sell position is envisaged if price trades below 13975.35 with take profit at 13948.32. Fundamentals:None with high impact on the Index. Comment: Looking to the week ahead on the DailyFX Economic Calendar, we see that the release of monthly PMI …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38530 with take profit at 1.38749. Bearish Preference: Sell position is envisaged if price trades below 1.37656 with take profit at 1.37423. Fundamentals:None with a high impact on the pair. Comment: GBP/USD experienced the worst week in about 9 months, extending June’s top. The pair also cleared …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23923 with take profit at 1.24112. Bearish Preference: Sell position is envisaged if price trades below 1.23321 with take profit at 1.23041. Fundamentals:None with high impact on the pair. Comment: In Canada, ADP Employment Change report indicated that employment increased by 101,600 jobs in May compared …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19552 with take profit at 1.19800. Bearish Preference: Sell position is envisaged if price trades below 1.18641 with take profit at 1.18401 Fundamentals:None with high impact on the pair. Comment: The dollar edged higher in early European trade Friday, continuing to benefit from Wednesday’s surprise move …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.53 with take profit at 1796.53. Bearish Preference: Sell position is envisaged if price trades below 1777.31 with take profit at 1769.29. Fundamentals:None with high impact on the commodity. Comment: the yellow metal is set to close the week at its lowest level since March …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.935 with take profit at 111.064. Bearish Preference: Sell position is envisaged if price trades below 110.475 with take profit at 110.371. Fundamentals:1:30 pm USD Philly Fed Manufacturing Index USD Unemployment Claims Comment: The greenback maintained its strong stance through the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13954.42 with take profit at 13973.12. Bearish Preference: Sell position is envisaged if price trades below 13888.49 with take profit at 13867.83. Fundamentals:1:30 pm USD Philly Fed Manufacturing Index USD Unemployment Claims Comment: U.S. stocks were indicated modestly lower Thursday morning, a day …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1826.07 with take profit at 1834.06. Bearish Preference: Sell position is envisaged if price trades below 1800.54 with take profit at 1789.24. Fundamentals:1:30 pm USD Philly Fed Manufacturing Index USD Unemployment Claims Comment: Gold was down on Thursday morning in Asia but staged …
