Instrument: AUDUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 0.73356 with take profit at 0.73044 Alternative scenario: Buy position is envisaged if price trades above 0.73848 with take profit at key level 0.74080 Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: Separate data from the Australian Bureau of Statistics showed Australia suffered its worst economic …
Instrument: EURUSD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.8823 with take profit at 1.18450 Alternative scenario: Buy position is envisaged if price trades above 1.19353 with take profit at key level 1.19698 Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: The dollar bounced off two-year lows on Wednesday as U.S. data pointed to a …
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 …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 28240 with take profit at 28335. Alternative scenario: Sell position is envisaged if price trades below 28107 with take profit at 28043. Fundamentals:No fundamental with direct impact on the index Comment: Stock markets are set to see mixed trading Wednesday, pausing after further records …
Instrument: USDJPY Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 105.640 with take profit at 105.923 Alternative scenario: Sell position is envisaged if price trades below 105.349 with take profit at 105.152 Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: While the exact reason for the turnaround in the US dollar is not known, the timing of …
Instrument: US30 Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 27668 with take profit at 27598 Alternative scenario: Buy position is envisaged if price trades above 27786 with take profit at 27837 Fundamentals:No major economic data with direct bearing to this index Comment: Trump said last night that he personally called off the …
Instrument: GOLD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1902.51 with take profit at key level 1859.51 Alternative scenario: Buy if price trades above 1949.19 with take profit at 1986.04 Fundamentals:1:30pm USD CPI m/mUSD Core CPI m/m Comment: Gold fell sharply on Wednesday morning in Asia, continuing losses from the previous sessions in …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 27859 with take profit at key level 28022. Alternative scenario: Sell if price trades below 27667 with take profit at 27524. Fundamentals:1:30pm USD CPI m/mUSD Core CPI m/m Comment: U.S. stock futures rose slightly in overnight trading and pointed to gains at the open …
Instrument: US30 Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 26863 with take profit at key level 26979. Alternative scenario: Sell if price trades below 26666 with take profit at 26497. Fundamentals:3:00pm USD ISM Non-Manufacturing PMI Comment: Wall Street ended higher after a choppy session on Tuesday, lifted by Apple and energy stocks but …
Instrument: AUDUSD Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 0.71918 with take profit at key level 0.72192. Alternative scenario: Sell if price trades below 0.71462 with take profit at 0.71089. Fundamentals:3:00pm USD ISM Non-Manufacturing PMI Comment: The dollar was down in Asia on Wednesday morning, with hopes of a U.S. economic recovery from …
