Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.55. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Official US crude inventories followed the API data from the day before and posted a surprise increase in …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.08 with take profit at 71.28. Bearish Preference: Sell position is envisaged if price trades below 69.88 with take profit at 69.68. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Crude oil prices followed risk assets higher, shaking off the first weekly rise in U.S. crude oil …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.54 with take profit at 1809.85. Bearish Preference: Sell position is envisaged if price trades below 1797.86 with take profit at 1794.32. Fundamentals:No major fundamental. Comment: Gold prices fell alongside stocks on Friday as a disappointing US consumer confidence survey from the University of Michigan sent markets scrambling. …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25534 with take profit at 1.25724. Bearish Preference: Sell position is envisaged if price trades below 1.25134 with take profit at 1.24982. Fundamentals:1:30 PM USD Unemployment Claims Philly Fed …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.69 with take profit at 74.95. Bearish Preference: Sell position is envisaged if price trades below 74.09 with take profit at 73.86. Fundamentals:No major fundamental. Comment: Crude oil prices pulled back slightly during Monday’s APAC mid-day session after rising 3.5% over the last two days. The emergence …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1795.41 with take profit at 1798.10. Bearish Preference: Sell position is envisaged if price trades below 1787.16 with take profit at 1784.45. Fundamentals:No major fundamental. Comment: Gold prices traded modestly higher during Monday’s APAC session, as a weaker US Dollar and lower yields bolstered the appeal of the yellow …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.89 with take profit at 76.08. Bearish Preference: Sell position is envisaged if price trades below 75.14 with take profit at 74.96. Fundamentals:All Day OPEC-JMMC Meetings Comment: Oil was up Friday morning in Asia, retaining its gains from the previous session after a disagreement within the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19114 with take profit at 1.19228. Bearish Preference: Sell position is envisaged if price trades below 1.18924 with take profit at 1.18817. Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: The dollar maintained its recent positive tone in early European trade Wednesday, as the spreading outbreak of …
Instrument: USDJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above 110.982 with take profit at price 111.064. Bearish Preference: A sell position is envisaged if price trades below 110.799 with take profit at price 110.708. Fundamentals:No major fundamental. Comment: Retail trader data shows 39.00% of traders are net-long with the ratio of traders short to …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19468 with take profit at 1.19647. Bearish Preference: Sell position is envisaged if price trades below 1.19050 with take profit at 1.18895. Fundamentals:9:00 AM EUR German ifo Business Climate ECB Economic Bulletin Comment: The dollar edged marginally …
