Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades 1.32378 above with take profit at 1.32491. Bearish Preference: Sell position is envisaged if price trades below 1.32189 with take profit at 1.32082. Fundamentals:6:00pm GBP Bank Stress Test Results6:30pm GBP BOE Gov Bailey Speaks Comment: The British Pound has been abysmally weak of recent as one …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.70646 with take profit at 0.70659. Bearish Preference: Sell position is envisaged if price trades below 0.70200 with take profit at 0.70027. Fundamentals:No major fundamental Comment: During Friday’s the daily RSI on AUD/USD cracked through 20, a rare occurrence, which highlights just how extreme the …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15681.51 with take profit at 15713.51. Bearish Preference: Sell position is envisaged if price trades below 15590.85 with take profit at 15555.30. Fundamentals:No major fundamental Comment: The Nasdaq fell 1.9%. The major averages ended off the session lows. “It was a colossal miss,” Darren Schuringa, CEO …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1788.02 with take profit at 1791.39. Bearish Preference: Sell position is envisaged if price trades below 1779.93 with take profit at 1776.92. Fundamentals:No major fundamental Comment: After a rather volatile week gold is on track to finish the week within 1% of its opening level. Initial …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15337.5 with take profit at 15377.4. Bearish Preference: Sell position is envisaged if price trades below 15245.3 with take profit at 15212.6. Fundamentals:No major fundamental Comment: Germany stocks were lower after the close on Friday, as losses in the Retail, Consumer & Cyclical and Industrials …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.37 with take profit at 75.79. Bearish Preference: Sell position is envisaged if price trades below 74.17 with take profit at 73.79. Fundamentals:No major fundamental. Comment: Crude oil fell over 13% on Friday after the World Health Organisation (WHO) verified a new strain of Covid-19 …
Instrument: DE30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 15391.9 with take profit at 15421.4. Bearish Preference: A Sell position is envisaged if price trades below price 15264.5 with take profit at 15224.4. Fundamentals:No major fundamental. Comment: European stock markets traded higher Monday, only partially unwinding Friday’s hefty losses, with travel stocks benefiting as …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 16259.83 with take profit at 16286.84. Bearish Preference: A Sell position is envisaged if price trades below price 16175.45 with take profit at 16149.55. Fundamentals:U.S ZONE: Pending Home Sales m/m (4PM) Comment: Black Friday took on a new meaning on Friday as risk markets …
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.88 with take profit at 1800.02. Bearish Preference: Sell position is envisaged if price trades below 1789.49 with take profit at 1787.65. Fundamentals:U.S ZONE: Pending Home Sales m/m (4PM) Comment: Gold was up on Monday morning in Asia, with concerns over the impact of the possibly …
Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72638 with take profit at 0.72769 Bearish Preference: Sell position is envisaged if price trades below 0.72496 with take profit at 0.72371 Fundamentals:No major fundamental Comment: The US dollar climbed Friday as investors sought safe havens in fear of covid contagion. Additionally, Federal Reserve Governor …
