Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 154.202 with take profit at 154.373. Bearish Preference:Sell position is envisaged if price trades below 153.560 with take profit at 153.387. Fundamentals:None with high impact on the currencies Comment: The British pound gave back some of its weekly gains, despite a higher than expected jump …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1871.94 with take profit at 1873.72 Bearish Preference: Sell position is envisaged if price trades below 1862.69 with take profit at 1860.94 Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claim Comment: Gold was down on Thursday morning in Asia, but a weakening dollar and U.S. …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.93 with take profit at 82.13. Bearish Preference: Sell position is envisaged if price trades below 81.49 with take profit at 81.33. Fundamentals:4:30pm Crude Oil Inventories Comment: Crude oil prices are on track to drop nearly 2% this week as US production ramps up. The weak price action comes …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34811 with take profit at 1.34985 Bearish Preference: Sell position is envisaged if price trades below 1.34304 with take profit at 1.34176 Fundamentals:8:00am GBP CPI y/y Comment: The dollar was up on Wednesday morning in Asia, remaining near a 16-month peak. Investors also digested the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1860.51 with take profit at 1862.69. Bearish Preference: Sell position is envisaged if price trades below 1850.77 with take profit at 1848.45 . Fundamentals:None with high impact on the commodity Comment: Gold was up on Wednesday morning in Asia but remained near a recent low as …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34580 with take profit at 1.34723 Bearish Preference: Sell position is envisaged if price trades below 1.34243 with take profit at 1.34059 Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:15pm USD Industrial Production m/m Comment: The spotlight is on the U.S. consumer today, with …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1876.35 with take profit at 1883.37. Bearish Preference: Sell position is envisaged if price trades below 1866.50 with take profit at 1859.32. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:15pm USD Industrial Production m/m Comment: November holds more inflation reports due from G10 economies, which …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16182.6 with take profit at 16197.5 Bearish Preference: Sell position is envisaged if price trades below 16146.6 with take profit at 16130.5 Fundamentals:No major fundamental Comment: Germany stocks were mixed after the close on Monday, as gains in the Retail, Media and Utilities sectors led …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.921 with take profit at 114.001. Bearish Preference: Sell position is envisaged if price trades below 113.729 with take profit at 113.627. Fundamentals:No Major Fundamental Comment: The US Dollar was softer in Asia today as Treasury yields pulled back from last week’s peak. US 5-year Treasury …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.09 with take profit at 81.21 Bearish Preference: Sell position is envisaged if price trades below 80.65 with take profit at 80.53 Fundamentals:No major fundamental Comment: Oil retains a bullish outlook if the forecast horizon is several months, but the journey higher is not likely …
