Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22317 with a take profit 1.22499. Bearish Preference: Enter a Sell position if price trades below 1.21996 with take profit at 1.21841. Fundamentals: 2:30 pm USD Final GDP q/q Comment: The buck gained some strength yesterday and this is due to the passage of the $900 billion …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33012 with a take profit 1.33934. Bearish Preference: Enter a Sell position if price trades below 1.32340 with take profit at 1.31403. Fundamentals:No Major Fundamentals. Comment: The cable saw a gap down on Friday, we could attribute that to the stalemate in the Br-exit negotiations, also …
Instrument: Oil Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 50.56 with a take profit 50.96. Bearish Preference: Enter a Sell position if price trades below 50.04 with take profit at 49.60 Fundamentals:no major economic data with direct bearing to this commodity. Comment: Oil has been caught in a string of bad news, as top traders …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 103.692 with a take profit 103.792. Bearish Preference: Enter a Sell position if price trades below 103.258 with take profit at 103.158. Fundamentals:No Major Fundamentals. Comment: The pair edged up 0.18% to 103.29. The pair maintained its bid tone after the Bank of Japan announced its …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1887.35 with a take profit 1894.95. Bearish Preference: Enter a Sell position if price trades below 1877.76 with take profit at 1874.36. Fundamentals:no major economic data with direct bearing to this commodity. Comment: Gold was down on Friday morning in Asia but was headed towards …
Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 29985 with take profit at 30106 Bearish Preference: Sell is envisaged if price trades below 29888 with take profit at 29774 Fundamentals:USD Import Prices m/m Industrial Production m/m Comment: U.S. stocks are seen opening higher this week, as investors weigh up the roll out …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.33980 with take profit at 1.34664. Bearish Preference: Sell is envisaged if price trades below 1.33297 with take profit at 1.32587. Fundamentals:No Fundamentals Comment: Fundamentally the pounds has seen some boost as investors see that a brexit deal is very possible soon, for this sole reason the …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19407 with a take profit 1.19557. Bearish Preference: Sell position is envisaged if price trades below 1.19250 with take profit at 1.19100. Fundamentals:no major economic data with direct bearing to this pair. Comment: The dollar has seen significant rise in more unemployment claims, couple with a …
Instrument: NZDUSD Technical Analysis Bullish Preference: Buy if price trades above 0.69741 with take profit at 0.69841. Bearish Preference: A sell is envisaged when price trades below 0.69443 with take profit at 0.69343. Fundamentals:4:00pm USD Revised UoM Consumer Sentiment8:00pm USD FOMC Meeting Minutes Comment: The dollar nursed losses on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a …
Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 29850 with take profit at 29938. Bearish Preference: Sell is envisaged if price trades below 29716 with take profit at 29632. Fundamentals:USD CB Consumer Confidence 4PM Comment: U.S. private sector business activity rose sharply in November, as growth momentum picked up further. The overall expansion was the …
