Instrument: GOLDs Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 1771.89 with take profit at 1773.79. Bearish Preference: Sell position is envisaged if price trades below 1764.94 with take profit at 1762.62. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m8:00pm USD FOMC Economic Projections Comment: Gold was down on Wednesday morning in Asia, as …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1793.43 with take profit at 1795.46. Bearish Preference: Sell position is envisaged if price trades below 1785.37 with take profit at 1783.40. Fundamentals:4:30pm USD JOLTS Job Openings Comment: The wave of omicron-inspired growth optimism sweeping financial markets overnight appears to be tempting a few gold …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16458.22 with take profit at 16498.65. Bearish Preference: Sell position is envisaged if price trades below 16330.93 with take profit at 16303.97. Fundamentals:4:00pm USD JOLTS Job Openings Comment: U.S. stock futures were mostly flat in early trading Wednesday, a day after stocks continued their upward climb …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.579 with take profit at 113.674. Bearish Preference: Sell position is envisaged if price trades below 113.258 with take profit at 113.152. Fundamentals:4:00pm USD JOLTS Job Openings Comment: The dollar was down on Wednesday morning in Asia also, global equity markets and oil prices surged on …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15855.6 with take profit at 15890.6. Bearish Preference: Sell position is envisaged if price trades below 15731.0 with take profit at 15695.9. Fundamentals:No major Fundamental Comment: The German DAX traded higher on Monday after it hit support near 15100 on Friday. That said, the recovery …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13460 with take profit at 1.13585. Bearish Preference: Sell position is envisaged if price trades below 1.13165 with take profit at 1.13035. Fundamentals:2:15pm USD ADP Non-Farm Employment Change4:00pm USD Fed Chair Powell TestifiesUSD ISM Manufacturing PMI Comment: European stock markets are expected to open higher …
Instrument: DE30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 15326.3 with take profit at 15378.0. Bearish Preference: A Sell position is envisaged if price trades below price 15178.3 with take profit at 15131.8. Fundamentals:No Major Fundamental Comment: Uncertainty about the COVID-19 pandemic has not dented prospects for European stocks to hit record highs in …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.93 with take profit at 82.13. Bearish Preference: Sell position is envisaged if price trades below 81.49 with take profit at 81.33. Fundamentals:4:30pm Crude Oil Inventories Comment: Crude oil prices are on track to drop nearly 2% this week as US production ramps up. The weak price action comes …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34811 with take profit at 1.34985 Bearish Preference: Sell position is envisaged if price trades below 1.34304 with take profit at 1.34176 Fundamentals:8:00am GBP CPI y/y Comment: The dollar was up on Wednesday morning in Asia, remaining near a 16-month peak. Investors also digested the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1860.51 with take profit at 1862.69. Bearish Preference: Sell position is envisaged if price trades below 1850.77 with take profit at 1848.45 . Fundamentals:None with high impact on the commodity Comment: Gold was up on Wednesday morning in Asia but remained near a recent low as …
