Instrument: OIL Technical Analysis Bearish Preference: Sell is envisaged if price trades below 55.31 with take profit at 54.47. Bearish Preference: Buy is envisaged if price trades above 56.08 with take profit at 57.08. Fundamentals:No Fundamentals Comment: Oil prices have been affected by the renewed COVID-19 lock-down concerns has raised fresh issues about global fuel demands. Signs of weaker demands …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.36675 with take profit at 1.36484. Bullish Preference: Buy is envisaged if price trades above 1.37571 with take profit at 1.37891. Fundamentals:No Fundamentals Comment: The dollar did fall lower earlier today, but the expected stimulus package which is being debated by congress at the moment is …
Instrument: OIL Technical Analysis Bullish Preference: Buy is envisaged if price trades above 55.35 with take profit at 55.98. Bearish Preference: Sell is envisaged if price trades below 54.52 with take profit at 54.04. Fundamentals:No Fundamentals. Comment: Oil prices saw a surge last week, and we can attribute that to the rise in vaccine distribution, we expect prices to cool …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.35155 with take profit at 1.35546. Bearish Preference: Sell is envisaged if price trades below 1.34728 with take profit at 1.34312. Fundamentals:No Fundamentals Comment: The buck had some strength last week Friday as this could be attributed to data’s that favored the USD, we saw average …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33012 with a take profit 1.33934. Bearish Preference: Enter a Sell position if price trades below 1.32340 with take profit at 1.31403. Fundamentals:No Major Fundamentals. Comment: The cable saw a gap down on Friday, we could attribute that to the stalemate in the Br-exit negotiations, also …
Instrument: Oil Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 50.56 with a take profit 50.96. Bearish Preference: Enter a Sell position if price trades below 50.04 with take profit at 49.60 Fundamentals:no major economic data with direct bearing to this commodity. Comment: Oil has been caught in a string of bad news, as top traders …
Instrument: GOLD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1834.07 with take profit at 1843.00. Bearish Preference: Sell is envisaged if price trades below 1828.94 with take profit at 1824.57. Fundamentals:No Fundamentals Comment: Technically we see that Gold has been on a sell binge on the H1, but at the moment price is close to a …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.33980 with take profit at 1.34664. Bearish Preference: Sell is envisaged if price trades below 1.33297 with take profit at 1.32587. Fundamentals:No Fundamentals Comment: Fundamentally the pounds has seen some boost as investors see that a brexit deal is very possible soon, for this sole reason the …
Instrument: OIL Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 40.28 with take profit at 40.56. Alternative scenario: Sell position is envisaged if price trades below 39.74 with take profit at 39.24. Fundamentals:No major economic data with bearing on the commodity Comment: The commodity has been pressured recently by the apparent glut in the …
Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: SELL position is envisaged if price trades below 1.16108 with take profit at 1.15960 Alternative scenario: BUY position is envisaged if price trades above 1.16404 with take profit at 1.16689 Fundamentals:ECB President Lagarde Speaks (EUR) 2:45 PM Comment: The Greenback continued its recovery against major currencies last week due to the rise in the …
