Instrument: AUDUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.73490 with take profit at 0.73625. Bearish Preference: A Sell position is envisaged if price trades below price 0.73267 with take profit at 0.73153. Fundamentals:None with high impact on the pair. Comment: The AUD/USD pair closed the previous week modestly higher and preserved its bullish …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.26060 with take profit at 1.26178. Bearish Preference: A Sell position is envisaged if price trades below price 1.25756 with take profit at 1.25636. Fundamentals:3:00pm USD ISM Services PMI6:15pm USD FOMC Member Quarles Speaks Comment: The pair struggled to capitalize on its early positive move and …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1730.41 with take profit at 1733.01 Bearish Preference: Sell position is envisaged if price trades below 1716.48 with take profit at 1712.75 Fundamentals:USD 1:30PM Unemployment Claims3PM Fed Chair Powell Testifies Comment: The dollar hit a fresh one-year high against a basket of peers on Thursday on the …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 78.18 with take profit at 78.43 Bearish Preference: Sell position is envisaged if price trades below 77.42 with take profit at 77.14 Fundamentals:3:30pm USD Crude Oil Inventories Comment: Few could have predicted that after an already extensive bull run this year amid recovering demand, oil …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1747.05 with take profit at 1749.56 Bearish Preference: Sell position is envisaged if price trades below 1734.95 with take profit at 1731.63 Fundamentals:3PM USD: Fed Chair Powell Testifies Comment: Gold prices are muted through the start of the trading week, with a lack of potential …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1754.75 with take profit at 1756.88. Bearish Preference: Sell position is envisaged if price trades below 1744.52 with take profit at 1742.27. Fundamentals: USD 3:00 pm Fed Chair Powell Speaks Comment: Gold prices slumped overnight despite the US dollar also tumbling as investors hurriedly unwound …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.22 with take profit at 75.39. Bearish Preference: Sell position is envisaged if price trades below 74.72 with take profit at 74.60. Fundamentals: No Major Fundamental Comment: Crude oil prices fell slightly after the Energy Information Administration reported yet another inventory draw, of 3.5 million barrels, …
Instrument: CADJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.799 with take profit at 85.897. Bearish Preference: Sell position is envisaged if price trades below 85.421 with take profit at 85.324. Fundamentals: None with a high impact on the pair. Comment: The Canadian dollar was up for the sixth consecutive day against the dollar and …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.81 with take profit at 74.96. Bearish Preference: Sell position is envisaged if price trades below 74.18 with take profit at 73.93. Fundamentals: 3:30pm USD Crude Oil Inventories Comment: Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S. …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.25 with take profit at 74.45. Bearish Preference: Sell position is envisaged if price trades below 73.67 with take profit at 73.45. Fundamentals: No Major Fundamentals Comment: Surging energy prices in Europe are hurting more than just consumers. The price spikes have started to hit industrial activities, threatening to …
