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: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.18192 with take profit at 1.18287. Bearish Preference: Sell position is envisaged if price trades below 1.17888 with take profit at 1.17784. Fundamentals: None with High Impact on the Pair Comment: The dollar drifted in tight trading ranges Wednesday, with the recent release of soft U.S. inflation data …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37233 with take profit at 1.37351. Bearish Preference: Sell position is envisaged if price trades below 1.36915 with take profit at 1.36793. Fundamentals:1:30pm USD Core Durable Goods Orders m/m Comment: The Pound (GBP) is trading level against the US …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36344 with take profit at 1.36472. Bearish Preference: Sell position is envisaged if price trades below 1.36008 with take profit at 1.35885. Fundamentals:No major fundamentals Comment: The U.S. dollar hit a new 9-1/2-month high against major peers on Friday, buoyed by fears that the Delta …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.29222 with take profit at 1.29394. Bearish Preference: Sell position is envisaged if price trades below 1.28463 with take profit at 1.28274. Fundamentals:1:30pm CAD Core Retail Sales m/m Comment: The safe-haven U.S. dollar …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.478 with take profit at 109.671. Bearish Preference: Sell position is envisaged if price trades below 109.228 with take profit at 109.051. Fundamentals:No major fundamental. Comment: The US Dollar is seeing some movement Friday morning. USD price action has been trading on its back foot for most of …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1784.37 with take profit at 1788.50. Bearish Preference: Sell position is envisaged if price trades below 1769.73 with take profit at 1765.14. Fundamentals:No major fundamental. Comment: Gold held steadily during Tuesday’s APAC session after gaining 2.9% over the last three trading days. Risk sentiment turned sour …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.563 with take profit at 110.691. Bearish Preference: Sell position is envisaged if price trades below 110.230 with take profit at 110.118. Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment: The dollar slightly retreated in early European trading Friday, but remained near its highest level in four …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38967 with take profit at 1.39088. Bearish Preference: Sell position is envisaged if price trades below 1.38536 with take profit at 1.38440. Fundamentals:USD 3:00PM: FOMC Member Bostic Speaks JOLTS Job Openings …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39486 with take profit at 1.39654. Bearish Preference: Sell position is envisaged if price trades below 1.39081 with take profit at 1.38900. Fundamentals:No Major Fundamental Comment: The dollar edged lower Tuesday in tight trading ranges, with traders reluctant to take strong positions ahead of the …
