Instrument: AUDUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 0.73356 with take profit at 0.73044 Alternative scenario: Buy position is envisaged if price trades above 0.73848 with take profit at key level 0.74080 Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: Separate data from the Australian Bureau of Statistics showed Australia suffered its worst economic …
Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.8823 with take profit at 1.18450 Alternative scenario: Buy position is envisaged if price trades above 1.19353 with take profit at key level 1.19698 Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: The dollar bounced off two-year lows on Wednesday as U.S. data pointed to a …
Instrument: OIL Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 46.55 with take profit at 46.94 Alternative scenario: Sell position is envisaged if price trades below 46.22 with take profit at 45.65 Fundamentals:No major economic data with bearing on the commodity Comment: Black gold shrugged off the impact of the Hurricane of Friday and …
Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.19099 with take profit at 1.19448 Alternative scenario: Sell position is envisaged if price trades below 1.18902 with take profit at 1.18264 Fundamentals:No major economic data with bearing on the pair. Comment: The pair is envisaged to trade higher owing to the dovish stance …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.30888 with take profit at 1.30778 Alternative scenario: Buy position is envisaged if price trades above 1.30945 with take profit at 1.31537 Fundamentals:1:30pm CAD GDP m/mUSD Core PCE Price Index m/mUSD Personal Spending m/m Comment: The loonie gained momentum despite the recovery of the …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.31084 with take profit at key level 1.30655 Alternative scenario: Buy position is envisaged if price trades above bearish structure 1.32438 with take profit at 1.33693 Fundamentals:USD Fed Chair Powell Speaks 2:10pmCAD BOC Gov Macklem Speaks 4:15pmUSD Jackson Hole Symposium all day Comment: on …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 28240 with take profit at 28335. Alternative scenario: Sell position is envisaged if price trades below 28107 with take profit at 28043. Fundamentals:No fundamental with direct impact on the index Comment: Stock markets are set to see mixed trading Wednesday, pausing after further records …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 28499 with take profit at key level 28562 Alternative scenario: Sell if price trades below 28216 with take profit at 28077 Fundamentals:USD CB Consumer Confidence 3PM Comment: US Stocks has been on the upside for some days now and we can attribute that to …
Instrument: USDJPY Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 106.264 with take profit at key level 106.374 Alternative scenario: Sell if price trades below 106.045 with take profit at 105.877 Fundamentals:USD CB Consumer Confidence 3PM Comment: Technically the buck has been weak, but we have seen this instrument break key resistance levels as …
