Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 79.44 with take profit at 79.64 Bearish Preference: Sell position is envisaged if price trades below 78.53 with take profit at 78.28 Fundamentals:ALL DAY OPEC Meetings Comment: Asian equities were mostly softer today, despite a strong lead from the US on Friday. Uncertainties around Evergrande, …
Instrument: EURJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 130.019 with take profit at 130.141. Bearish Preference: Sell position is envisaged if price trades below 129.704 with take profit at 129.572. Fundamentals: 12:45 EUR ZONE: ECB President Lagarde Speaks Comment: EUR/JPY last week saw a decent rebound from the 127.94 August low. Downtrend at 130.05 …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1750.90 with take profit at 1753.77. Bearish Preference: Sell position is envisaged if price trades below 1746.48 with take profit at 1744.22. Fundamentals: No Major Fundamental Comment: Gold (XAU/USD) is struggling to extend the bounce from Friday as risk sentiment holds a positive tone into …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37102 with take profit at 1.37106. Bearish Preference: Sell position is envisaged if price trades below 1.36775 with take profit at 1.36681. Fundamentals:1PM USD FOMC Member Evans Speaks1:30PM USD Core Durable Goods Orders m/m Durable Goods Orders m/m7:00PM GBP BOE Gov Bailey Speaks Comment: The UK …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 78.51 with take profit at 78.75. Bearish Preference: Sell position is envisaged if price trades below 77.69 with take profit at 77.44. Fundamentals: No Major Fundamental Comment: Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.36912 with take profit at price 1.37141. Bearish Preference: A sell position is envisaged if price trades below price 1.36563 with take profit at price 1.36334. Fundamentals: No major fundamental. Comment: GBP/USD’s price action has been unexciting over the past few months. During this time, the pair …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1756.96 with take profit at 1759.55. Bearish Preference: Sell position is envisaged if price trades below 1748.91 with take profit at 1746.29. Fundamentals: No Major Fundamentals Comment: Gold was down on Monday morning in Asia, hitting a more than five-week low. Meanwhile, the dollar strengthened and investors await …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.73 with take profit at 1796.07. Bearish Preference: Sell position is envisaged if price trades below 1785.79 with take profit at 1784.04. Fundamentals: No major fundamental. Comment: Gold was down on Monday morning in Asia as the dollar continued to strengthen. Investors now look to U.S. data for …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.38264 with take profit at price 1.38414. Bearish Preference: A sell position is envisaged if price trades below price 1.37929 with take profit at price 1.37785. Fundamentals: No major fundamental. Comment: The US Dollar remains in a consolidative state against the British Pound. In the medium term, …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1825.79 with take profit at price 1828.51. Bearish Preference: A sell position is envisaged if price trades below price 1821.85 with take profit at price 1819.29. Fundamentals: No major Fundamentals Comment: The US dollar is squeezing gently higher in US-holiday thinned trade Monday and has recovered all …
