Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08551 with take profit at 1.08184 Alternative scenario: Buy position is envisaged if price trades above 1.08777 with take profit at 1.08911 Fundamentals:EUR Main Refinancing Rate 12:45pmEUR Monetary Policy Statement 12:45pmEUR ECB Press Conference 1:30pmUSD Unemployment Claims 1:30pm Comment: The EURO gains from yesterday quickly …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.39042 with take profit at 1.39662 Alternative scenario: Sell position is envisaged if price trades below 1.38583 with take profit at 1.38400 Fundamentals:USD Unemployment Claims 1:30pm Comment: Technically, this pair got rejected when it tested a two week low and price momentum slowed down afterwards. Investors are …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.08474 with take profit at 1.08779 Alternative scenario: Sell position is envisaged if price trades below 1.08367 with take profit at 1.08141 Fundamentals:No major economic data expected today Comment: The pair is envisaged to trade higher today, having successfully closed above the bearish channel on the hourly …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 0.87250 with take profit at 0.87487 Alternative scenario: Sell position is envisaged if price trades below 0.87043 with take profit at 0.86821 Fundamentals:No major economic data expected today Comment: The pair is trading around a strong support level on the hourly chart and a retracement off …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1722.86 with take profit at 1746.22 Alternative scenario: Sell if price trades below 1705.06 with take profit at 1690.04 Fundamentals:Unemployment Claims (USD) 1:30pmFlash Manufacturing PMI (USD) 2:45 pm Comment: The past few weeks have witnessed a tremendous gain on the precious metal gold; Due to the …
Intraday: Bullish Technical Analysis Preference: A Buy position is envisaged if price trades above 22.22 with take profit at 23.82. Alternative scenario: Sell position is envisaged if price trades below 19.74 with take profit at 18.01 Fundamentals:No major economic data expected today Comment: Yesterday Oil plummeted to historic level as we saw future prices for May and June contract …
Intraday: Bullish Technical Analysis Preference: A Buy position is envisaged if price trades above 1.41860 with take profit at 1.42532. Alternative scenario: Sell position is envisaged if price trades below 1.41391 with take profit at 1.40976 Fundamentals:Core retail sales m/m (CAD) 1:30 pmRetail Sales m/m (CAD) 1:30 pm Comment: The COVID 19 has seen a lot of economy …
Intraday: Bearish Technical Analysis Preference: A Sell position is envisaged if price trades below 24.19 with take profit at 23.3.0 Alternative scenario: Buy position is envisaged if price trades above 25.81 with take profit at 26.47 Fundamentals:No major economic data expected today Comment: The commodity has been on a downward spiral. This because the pandemic and destabilized the economy …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if price trades below 1.08372 with take profit at 1.08266 * Alternative scenario: Buy position is envisaged if price trades above 1.09000 with take profit at 1.09221 * Fundamentals:No major economic data expected today Comment: Market sentiment on the pair remain bearish owing to the expected global recession …
Intraday: Bearish * Technical Analysis * Preference: A sell is in order if price trades below 1.08480 with take profit at 1.08433 * Alternative scenario: Buy once price trades below 1.08570 with take profit at 1.08630 * Fundamentals:IMF Meetings Eur: Trade Balance Final CPI Final Core CPIUSA: CB learning Index Comment: The greenback is currently basking in sentiments given that …
