Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.41769 with take profit at 1.41875. Bearish Preference: Sell position is envisaged if price trades below 1.41586 with take profit at 141485. Fundamentals:None with high impact on the pair. Comment: The UK’s successful Covid-19 vaccine roll-out has probably contributed to sterling’s firmness these past few months. …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.21 with take profit at 71.47. Bearish Preference: Sell position is envisaged if price trades below 70.59 with take profit at 70.36. Fundamentals:No major fundamental Comment: Investor worries were heightened by trade data from China, the world’s top oil importer, released on Monday. Imports grew 51.1% …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20909 with take profit at 1.21009. Bearish Preference: Sell position is envisaged if price trades below 1.20748 with take profit at 1.20643. Fundamentals:No major fundamental. Comment: USD/CAD is a touch lower as the North American session moves along trading at 1.2063 trading within a range of …
Instrument: US100 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 13778.40 with a take profit at price 13811.33. Bearish Preference: A Sell position is envisaged if price trades below 13699.40 with take profit at price 13666.65. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: Traders are returning from Memorial Day with renewed optimism as stock index futures point higher …
Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.22297 with take profit at price 1.22440. Bearish Preference: A sell position is envisaged if price trades below price 1.22009 with take profit at price 1.21870. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The dollar weakened in early European trade Tuesday, slipping to multi-month lows …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.42442 with a take profit at price 1.42642. Bearish Preference: A Sell position is envisaged if price trades below 1.41602 with take profit at price 1.41412. Fundamentals:3:00pm USD ISM Manufacturing PMI4:00pm GBP BOE Gov Bailey Speaks Comment: The dollar weakened in early European trade Tuesday, slipping to …
Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 70.92 with take profit at price 71.22. Bearish Preference: A sell position is envisaged if price trades below price 69.87 with take profit at price 69.59. Fundamentals:All Day OPEC-JMMC Meetings Comment: Oil prices rose on Tuesday, with Brent …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13748.39 with take profit at 13775.25. Bearish Preference: Sell position is envisaged if price trades below 13673.30 with take profit at 13647.72. Fundamentals:None with high impact. Comment: U.S. stocks closed slightly lower on Tuesday, and each of Wall Street’s main indexes failed to stray far from the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22849 with take profit at 1.23051. Bearish Preference: Sell position is envisaged if price trades below 1.22357 with take profit at 1.22149. Fundamentals:9:00am EUR German ifo Business Climate3:00pm USD CB Consumer Confidence Comment: The dollar weakened in early European trade Tuesday, with Federal Reserve officials keen …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22136 with take profit at 1.22270. Bearish Preference: Sell position is envisaged if price trades below 1.22021 with take profit at 1.21915. Fundamentals:No Major Fundamentals Comment: European stock markets traded higher Tuesday, helped by promises of continued Federal Reserve largesse along with better than expected U.K. …
