Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.75 with take profit at 1792.24 Bearish Preference: Sell position is envisaged if price trades below 1781.83 with take profit at 1780.37 Fundamentals:No major fundamental Comment:Unlike the price action in June, gold attempts to push above the moving average as it retraces the decline following the US …
Instrument: US2000 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1880.9 with take profit at 1889.5 Bearish Preference: Sell position is envisaged if price trades below 1864.2 with take profit at 1855.9 Fundamentals:3:00pm USD JOLTS Job Openings Comment:Stocks gave up some of a strong rally from last week that was driven by bets the Federal Reserve …
Instrument: USDCHF Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.95396 with take profit at 0.95601 Bearish Preference: Sell position is envisaged if price trades below 0.95019 with take profit at 0.94820 Fundamentals:3:00pm USD JOLTS Job Openings Comment: USD/CHF bears take a breather after declining to the lowest levels in 14 weeks the previous day, marking the five-day …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1776.82 with take profit at 1780.56 Bearish Preference: Sell position is envisaged if price trades below 1767.87 with take profit at 1764.80 Fundamentals:3:00pm USD: CB Consumer Confidence Comment:The recent recovery in the price of gold looks poised to persist as US Treasury yields remain under pressure, …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 100.40 with take profit at 100.83 Bearish Preference: Sell position is envisaged if price trades below 98.34 with take profit at 97.88 Fundamentals:No major fundamental Comment: Oil prices edged lower on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.01572 with take profit at 1.01818 Bearish Preference: Sell position is envisaged if price trades below 1.01146 with take profit at 1.00816 Fundamentals:3:00 pm USD: CB Consumer Confidence Comment:The EUR/USD had a mixed performance on Monday in midday trading, oscillating between small gains and losses near 1.0210 …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 12348.31 with take profit at 12386.48 Bearish Preference: Sell position is envisaged if price trades below 12264.11 with take profit at 12245.09 Fundamentals:3:00 pm USD: CB Consumer Confidence Comment: Several firms that missed Q2 revenue estimates have recently blamed the strong U.S. dollar. Goldman Sachs’ calculation shows …
Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1729.67 with take profit at 1732.26 Bearish Preference: Sell position is envisaged if price trades below 1723.79 with take profit at 1721.42 Fundamentals:3:00 pm USD: CB Consumer Confidence Comment:The price of gold may continue to consolidate ahead of the Federal Open Market Committee (FOMC) rate decision …
Instrument: OIL Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 102.44 with take profit at 102.93 Bearish Preference: Sell position is envisaged if price trades below 101.21 with take profit at 100.78 Fundamentals:No Major Fundamental Comment: Crude oil started the week on a positive note ahead of the Federal Reserve meeting this Wednesday, where the market anticipates …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above1.20708 with take profit at 1.20975 Bearish Preference: Sell position is envisaged if price trades below 1.19966 with take profit at 1.19631 Fundamentals:4 PM BOE Gov Bailey Speaks Comment: The number of people claiming jobless benefits fell by 20,000 in June, less than expected, while average earnings growth slowed …
