Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1803.62 with take profit at 1805.67 Bearish Preference: Sell position is envisaged if price trades below 1794.70 and take profit at 1792.14 Fundamentals:4:00pm USD ISM Services PMI Comment: Gold prices were steady on Monday despite stronger-than-expected U.S. jobs data indicating more potential interest rate hikes, while copper prices …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14553.3 with take profit at 14563.9 Bearish Preference: Sell position is envisaged if price trades below 14506.8 and take profit at 14493.8 Fundamentals:No major fundamental Comment: European stock markets are expected to open in a tepid fashion Monday, as investors digest more Chinese cities relaxing mobility restrictions as …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 11831.80 with take profit at 11870.92. Bearish Preference: Sell position is envisaged if price trades below 11700.58 with take profit at 11656.56. Fundamentals:No major fundamental Comment: U.S. stock index futures edged lower on Monday as hawkish comments from a U.S. Federal Reserve official tempered hopes of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 95.50 with take profit at 95.90. Bearish Preference: Sell position is envisaged if price trades below 94.20 with take profit at 93.89. Fundamentals:No high impact fundamental. Comment: Oil prices fell on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China dashed …
Instrument: GOLDs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1768.79 with take profit at 1771.35. Bearish Preference: A Sell position is envisaged if price trades below price 1753.78 with take profit at 1750.39. Fundamentals:None with high impact. Comment: Gold prices retreated from a 2-½ month high on Monday as comments from some members of …
Instrument: EURUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.03393 with take profit at 1.03600. Bearish Preference: A Sell position is envisaged if price trades below price 1.02905 with take profit at 1.02692. Fundamentals:No major fundamental Comment: European stock markets are expected to trade in a mixed fashion at the open Monday, starting the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.99309 with take profit at 0.99466 Bearish Preference: Sell position is envisaged if price trades below 0.98966 with take profit at 0.98812 Fundamentals:None with high impact Comment: Consumer prices in the Eurozone touched a new record high for the twelfth straight month, according to a flash estimate from …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if the price trades above 11573.35 with take profit at 11589.95 Bearish Preference: Sell position is envisaged if the price trades below 11479.63 with take profit at 11454.74 Fundamentals:None with high impact Comment: U.S. stocks are seen opening lower Monday, handing back some of the month’s strong gains as investors await a …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 93.37 with take profit at 93.82 Bearish Preference: Sell position is envisaged if price trades below 92.46 with take profit at 92.12 Fundamentals:None with high impact Comment: Oil prices fell over $1 on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if the price trades above 1.16391 with take profit at 1.16618 Bearish Preference: Sell position is envisaged if the price trades below 1.15759 with take profit at 1.15570 Fundamentals:None with high impact Comment: GBP handed back some of the week’s near 2% gains on optimism that new British Prime Minister Rishi Sunak …
