Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above key level at 1.18450 with take profit at 1.18900 Alternative scenario: Sell position is envisaged if price trades below 1.17500 with take profit at key level 1.17000 Fundamentals:Main Refinancing Rate 12:45 pm EURMonetary Policy Statement 12:45 pm EURECB Press Conference 1:30pm EURUnemployment Claims …
Instrument: OIL Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 43.80 with take profit at 43.57 Alternative scenario: Buy position is envisaged if price trades above 44.54 with take profit at key level at 44.84 Fundamentals:No major economic data with direct bearing to this commodity Comment: Oil was bearish yesterday and this can be …
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 key level at 1.18540 with take profit at 1.19000 Alternative scenario: Sell position is envisaged if price trades below 1.17666 with take profit at key level 1.17000 Fundamentals:USD Fed Chair Powell Speaks 2:10pmUSD Jackson Hole Symposium all day Comment: The overall bearish out look …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.31084 with take profit at key level 1.30655 Alternative scenario: Buy position is envisaged if price trades above bearish structure 1.32438 with take profit at 1.33693 Fundamentals:USD Fed Chair Powell Speaks 2:10pmCAD BOC Gov Macklem Speaks 4:15pmUSD Jackson Hole Symposium all day Comment: on …
Instrument: GOLD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1932 with take profit at 1940 Alternative scenario: Sell position is envisaged if price trades below 1921 with take profit at key level at 1913. Fundamentals:No major economic data with direct bearing to this commodity Comment: Gold has been trying to recover from its …
Instrument: GBPUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.30737 with take profit at 1.31000 Alternative scenario: Sell position is envisaged if price trades below 1.30300 with take profit at key level 1.29475 Fundamentals:No major economic data with direct bearing to this pair Comment: This pair has been ranging for quite some time …
