Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above key level at 1.18358 with take profit at 1.18902 Alternative scenario: Sell position is envisaged if price trades below 1.17658 with take profit at key level 1.16928 Fundamentals:10am ISM Non-Manufacturing PMI USD Comment: This pair got rejected after it hit a new higher high …
Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.19099 with take profit at 1.19448 Alternative scenario: Sell position is envisaged if price trades below 1.18902 with take profit at 1.18264 Fundamentals:No major economic data with bearing on the pair. Comment: The pair is envisaged to trade higher owing to the dovish stance …
Instrument: OIL Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 45.34 with take profit at key level 45.04 Alternative scenario: Buy if price trades above 45.73 with take profit at 46.08 Fundamentals:No Fundamentals. Comment: Technically Brent has been hovering between 46.15 and 44.35 prize zones, right now investors would be waiting for crude oil …
Instrument: GBPUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.27587 with take profit at 1.27927. Alternative scenario: Sell position is envisaged if price trades below 1.27163 with take profit at key level 1.26742. Fundamentals:No major economic data with direct bearing to this pair. Comment: The strength of the pounds sterling came as a …
Instrument: GOLD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1804.72 with take profit at key level 1810.84. Alternative scenario: Sell if price trades below 1790.54 with take profit at 1781.35. Fundamentals:CPI m/m (USD) 1:30 pmCore CPI m/m (USD) 1:30 pm Comment: The yellow metal has seen its price spike due to market instability …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 42.50 with take profit at 43.15. Alternative scenario: Sell is in order if price trades below 41.89 with take profit at 41.40. Fundamentals:No major economic data with a direct bearing to this index Comment: With the seeming ease on the ban on international flights, it …
Intraday: Bullish Technical Analysis Preference: A Buy is in order if prices trade above 41.01 with take profit at 41.57. Alternative scenario: Sell is in order if price trades below 39.62 with take profit at 38.74. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Technically, price is currently trading bullish and this move will be confirmed if price can break the …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 0.68969 with take profit at 0.68540. Alternative scenario: Buy position is envisaged if price trades above 0.69587 with take profit at 0.70110. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: Despite the fact that the dollar lost strength between yesterday and today, …
Intraday: Bearish Technical Analysis Preference: A Sell is in order if prices trade below 40.32 with take profit at 38.91. Alternative scenario: A buy is in order if price trades above 41.77 with take profit at 43.02 Fundamentals:No major economic data with direct bearing on the commodity Comment: Yesterday saw a drop in the prices of oil, the OPEC …
Intraday: Bearish Technical Analysis Preference: SELL position is envisaged if price trades above 40.16 with take profit at 39.69 Alternative scenario: BUY position is envisaged if price trades above 40.79 with take profit at 41.06 Fundamentals:ADP Non-Farm Employment Change (US) 1:15 PM Comment: Oil is on a huge uptrend in the last of weeks but technically, the resistance …
