Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.10485 with take profit at 1.10586. Bearish Preference: Sell position is envisaged if price trades below 1.10214 with take profit at 1.10082. Fundamentals:5:PM US ZONE: Fed Chair Powell Speaks Comment: The dollar edged lower versus major currencies on Monday, with investors awaiting remarks from U.S. Federal Reserve …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1926.03 with take profit at 1928.38. Bearish Preference: Sell position is envisaged if price trades below 1920.84 with take profit at 1918.57. Fundamentals:5:PM US ZONE: Fed Chair Powell Speaks Comment: Gold prices rebounded 0.3% during Monday’s APAC mid-day trading session after falling 3.4% last week. The Federal …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.00 with take profit at 109.49. Bearish Preference: Sell position is envisaged if price trades below 106.73 with take profit at 105.81. Fundamentals:No Major Fundamental Comment: The Crude oil outlook remains obscured behind an opaque fundamental backdrop with headlines and positioning driving unhinged price moves. Sanctions on …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.09701 with take profit at 1.09883. Bearish Preference: Sell position is envisaged if price trades below 1.09378 with take profit at 1.09215. Fundamentals:No major fundamental Comment: An interesting open to the trading week for EUR/USD, after a grim backdrop from both geopolitical and economic spheres. Euro strength …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33281 with take profit at 33331. Bearish Preference: Sell position is envisaged if price trades below 33128 with take profit at 33086. Fundamentals:No major fundamental Comment: On Wall Street, sentiment soured this past week following another strong inflation print as February’s CPI gauge clocked in at 7.9% y/y. …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1981.12 with take profit at 1987.35. Bearish Preference: Sell position is envisaged if price trades below 1969.39 with take profit at 1964.15. Fundamentals:No major fundamental Comment: Gold was down on Monday morning in Asia. U.S. Treasury yields rose over expectations of a U.S. interest rate hike, while …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.95 with take profit at 111.32. Bearish Preference: Sell position is envisaged if price trades below 108.23 with take profit at 107.18. Fundamentals:No major fundamental Comment: Oil prices shed as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27200 with take profit at 1.27375. Bearish Preference: A Sell position is envisaged if price trades below 1.27016 with take profit at 1.26845. Fundamentals:No major Fundamental Comment: Against the backdrop of eroding fundamentals, markets become increasingly sensitive to political risks as their capacity for inducing market-wide volatility …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33125 with take profit at 33189 . Bearish Preference: Sell position is envisaged if price trades below 33018 with take profit at 32927. Fundamentals:No major Fundamental Comment: Global stocks markets were roiled as Russia’s attack on Ukraine prolonged for over a week. European markets were particularly damaged,Nasdaq …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1991.46 with take profit at 1995.03. Bearish Preference: A Sell position is envisaged if price trades below 1970.87 with take profit at 1964.34. Fundamentals:No major Fundamental Comment: Gold made an 18-month high as markets reeled on Monday. The implications of a US ban on Russian oil imports …
