Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 26794 with take profit at key level 26994. Alternative scenario: Sell if price trades below 26424 with take profit at 26174. Fundamentals:No fundamental with direct impact on the index. Comment: US30 jumped on Wednesday as optimism about a coronavirus vaccine bolstered risk appetite. Moderna …
Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.13361 with take profit at 1.13641. Alternative scenario: Buy position is envisaged if price trades above 1.36203 with take profit at key level 1.36472. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: The number of new cases of infection in …
Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.13061 with take profit at 1.13404. Alternative scenario: Sell position is envisaged if price trades below 1.12562 with take profit at 1.12366. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: The resurgence in the number of infections worldwide is dampening …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Bull position is envisaged if price trades above 26338 with take profit at 26578 Alternative scenario: Sell position is envisaged if price trades below 25929 with take profit at 25612 Fundamentals:3:00pm USD ISM Non-Manufacturing PMI Comment: the Dow Jones reached continued its bullish move buoyed by a record surge in payrolls, which …
Instrument: AUDUSD Intraday: Bullish Technical Analysis Preference: Bull position is envisaged if price trades above 0.69842 with take profit at 0.70418. Alternative scenario: Sell position is envisaged if price trades below 0.69400 with take profit at 0.68862 Fundamentals:3:00pm USD ISM Non-Manufacturing PMI Comment: The markets are currently focused on other currency pairs, like the Australian dollar, which is still …
Instrument: EURUSD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.12156 with take profit at 1.11944 Alternative scenario: Buy position is envisaged if price trades above 1.12520 with take profit at 1.12762 Fundamentals:NO New Fundamentals Comment: The Greenback yesterday recording Thursday an addition of 4.8 million jobs in June and manufacturing activity rebounding more …
Instrument: AUDUSD Intraday: Bearish Technical Analysis Preference: Sell if price trades above 0.68362 with take profit at 0.68157. Alternative scenario: Buy position is envisaged if price trades above 0.68556 with take profit at key level 0.68802. Fundamentals:Feds chair Powell Testifies (USD) 5:30 pm Comment: This instrument has been ranging between a strong support and resistance on the H1, though for …
Instrument: EURUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.12669 with take profit at 1.13098. Alternative scenario: Sell position is envisaged if price trades below 1.12316 with take profit at 1.12068. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: The common currency is envisaged to regain some lost ground …
Instrument: EURUSD Intraday: Bearish Technical Analysis Preference: SELL position is envisaged if price trades below 1.12408 with take profit at 1.12129. Alternative scenario: BUY position is envisaged if price trades above 1.12641 with take profit at 1.13100. Fundamentals:USD Core PCE Price Index m/m Personal Spending m/m Comment: Economic data pointed to an economic recovery in the U.S. …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.13293 with take profit at 1.13446. Alternative scenario: Sell if price trades below 1.12982 with take profit at 1.12784. Fundamentals:No major economic data with direct bearing on the currency Comment: The dollar weakened in early European trade Wednesday, with traders seeking riskier currencies. These moves came …
