Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.18417 with take profit at 1.18132 Alternative scenario: Buy position is envisaged if price trades above 1.18738 with take profit at 1.18983 Fundamentals:Fed Chair Powell Speaks (US) 3 PM Comment: Economic data from the Eurozone have shown a rebound in recent times but with …
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: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 40.13 with take profit at key level 40.94. Alternative scenario: Sell if price trades above 39.03 with take profit at 38.15. Fundamentals:No major economic data with bearing on the commodity Comment: Oil prices declined as there was decline in demand for crude oil products. …
Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.18330 with take profit at key level 1.17250 Alternative scenario: Buy position is envisaged if price trades above key level at 1.18745 with take profit at 1.19500 Fundamentals:1:30pm Average Hourly Earnings m/m USD1:30pm Non-Farm Employment Change USD1:30pm Unemployment Rate USD Comment: EURUSD has currently …
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 1.19662 with take profit at key level 1.20381 Alternative scenario: Sell if price trades below 1.19406 with take profit at 1.19236 Fundamentals:ISM Manufacturing PMI Comment: The USD saw a record drop in price among major currency pairs as Feds chair’s speech Mr. Powell failed …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.30888 with take profit at 1.30778 Alternative scenario: Buy position is envisaged if price trades above 1.30945 with take profit at 1.31537 Fundamentals:1:30pm CAD GDP m/mUSD Core PCE Price Index m/mUSD Personal Spending m/m Comment: The loonie gained momentum despite the recovery of the …
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: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.31783 with take profit at 1.31625 Alternative scenario: Buy position is envisaged if price trades above 1.31941 with take profit at 1.32098 Fundamentals:3:30pm USD Crude Oil Inventories Comment: The CAD bulls may be facing exhaustion, having engineered a 1,500-pip decline in the USD/CAD pair …
