Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1891.43 with take profit at 1895.38. Bearish Preference: Sell position is envisaged if price trades below 1876.39 with take profit at 1872.23. Fundamentals:No major fundamental Comment: Global markets were quite choppy this past week. This could follow signs of deteriorating risk appetite judging by recent performance of …
Instrument: GBPJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 153.942 with take profit at price 154.044. Bearish Preference: A sell position is envisaged if price trades below price 153.793 with take profit at price 153.690. Fundamentals:No major fundamental. Comment: Fresh yearly highs emerged last week, and it appears that some basing may be …
Instrument: US30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 34268 with a take profit at price 34302. Bearish Preference: A Sell position is envisaged if price trades below price 34106 with take profit at price 34048. Fundamentals:None with high impact. Comment: The stock market is indicated to open just slightly down. The major …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 69.08 with a take profit at price 69.43. Bearish Preference: A Sell position is envisaged if price trades below price 68.19 with a take profit at price 67.87. Fundamentals:No major fundamental. Comment: Crude oil prices were muted during the Asia-Pacific mid-day session after surging 2.6% …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.21532 with take profit at price 1.21621. Bearish Preference: A sell position is envisaged if price trades below price 1.21228 with take profit at price 21121. Fundamentals:None with high impact. Comment: The recent rally in EUR/USD appears to have stalled ahead of the …
Instrument: CADJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 89.918 with take profit at price 90.068. Bearish Preference: A sell position is envisaged if price trades below price 89.625 with take profit at price 89.427. Fundamentals:No major fundamental. Comment: CAD/JPY rates have maintained their uptrend from the March and November 2020 lows unlike …
Instrument: OILs Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 69.06 with a take profit at price 69.19. Bearish Preference: A Sell position is envisaged if price trades below price 68.48 with a take profit at price 68.20. Fundamentals:No major fundamental. Comment: Crude oil prices edged higher during the Asia-Pacific mid-day session as a …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20608 with take profit at 1.20708. Bearish Preference: Sell position is envisaged if price trades below 1.20426 with take profit at 1.20328. Fundamentals:None with high impact Comment: The Euro started the day on a positive note, after German retail sales for March turned out considerably …
Instrument: EURGBP Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 0.87011 with take profit at price 0.87089. Bearish Preference: A sell position is envisaged if price trades below price 0.86902 with take profit at price 0.86821. Fundamentals:None with high Impact Comment: Good news largely in the price for GBP with the UK’s vaccine advantage …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1782.11 with a take profit at price 1784.12. Bearish Preference: A Sell position is envisaged if price trades below price 1775.90 with a take profit at price 1773.80. Fundamentals:None with high impact Comment: The price of gold appears to have reverse course ahead of …
