Instrument: GOLD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below 1719.50 with take profit at 1714.57. Bullish Preference: Buy position is envisaged if price trades above 1729.42 with take profit at 1736.00. Fundamentals:No major fundamentals Comment: Gold prices erased early gains on Monday as hopes of a faster economic recovery for the U.S got a boost. …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19385 with take profit at 1.19516. Bearish Preference: Sell position is envisaged if price trades below 1.19065 with take profit at 1.18895. Fundamentals:EUR: German WPI m/m (8am)EUR: Eurogroup Meetings (ALL DAY)USD: Empire State Manufacturing Index (1:30 AM) Comment: On Friday, EU reported that Euro Area …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 150.369 with take profit at 150.546. Bearish Preference: Sell position is envisaged if price trades below 149.978 with take profit at 149.770. Fundamentals:No major fundamental Comment: The UK’s reopening and rapid vaccination campaign are helping sterling hold up.Another factor supporting sterling comes from the Bank of England, …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18998 with take profit at 1.19173 Bearish Preference: Sell position is envisaged if price trades below 1.18385 with take profit at 1.18205 Fundamentals:No major Fundamental Comment: The euro has started the week in negative territory, dropping below the 1.19 level. Currently, EUR/USD is trading at …
Instrument: GOLD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below the verified support at price 1686.04 with take profit at 1672.53 Bullish Preference: Buy position is envisaged if price trades above 1708.80 with a take profit at price 1719.56 Fundamentals:No major fundamental Comment: Gold futures finished slightly lower on Friday after clawing back earlier losses. Despite reports …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below the verified support at price 1.37576 with take profit at price 1.37215 Bullish Preference: Buy position is envisaged if price trades above 1.38283 with a take profit at price 1.38572 Fundamentals:GBP: BOE Gov Bailey Speaks (11AM)GBP: BRC Retail Sales Monitor y/yUSD: NFIB Small Business Index Comment: The US …
Instrument: DE30 Technical Analysis Bullish Preference:A buy position is envisaged if price trades above 14004.3 with a take profit at 14051.9 Bearish Preference: A sell position is envisaged if price trades below price 13816.7 with take profit at price 13758.5 Fundamentals:No major fundamentals Comment: Stocks plunged on Friday, as investors continued to sell tech shares that have rallied throughout …
Instrument: DE30 Technical Analysis Bearish Preference: A sell position is envisaged if price trades below price 14073.9 with take profit at 14046.4 Bullish Preference: A Buy position is envisaged if price trades above 14152.4 with a take profit at 14177.3 Fundamentals:No major economic event Comment: DE30 closed higher on Friday on lackluster trading ahead of the long U.S. holiday weekend. Opening …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.21443 with take profit at 1.21526 Bearish Preference: A sell position is envisaged if price trades below 1.21275 with a take profit at 1.21162 Fundamentals:EUR. Eurogroup Meetings ( All Day)USD. Bank Holiday Comment: It’s a relatively busy day ahead on the EUR economic …
Instrument: EURUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.21062 with take profit at 1.20973. Bullish Preference: Buy is envisaged if price trades above 1.21348 with take profit at 1.21508. Fundamentals:USD Final Manufacturing PMIUSD ISM Manufacturing PMIUSD Construction Spending m/mUSD ISM Manufacturing PricesUSD FOMC Member Bostic Speaks Comment: Technically, on the D1 we can see that …
