Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1926.60 with take profit at 1929.89. Bearish Preference: Sell position is envisaged if price trades below 1902.13 with take profit at 1899.01. Fundamentals:7:00pm USD FOMC Economic Projections7:30pm 7:30pm USD FOMC Press Conference Comment: Gold steadied on Wednesday, with a weaker dollar offsetting pressure from …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13759.90 with take profit at 13820.14. Bearish Preference: Sell position is envisaged if price trades below 13605.95 with take profit at 13539.02. Fundamentals:7:00pm USD FOMC Economic Projections7:30pm 7:30pm USD FOMC Press Conference Comment: Investors are expecting the U.S. central bank to raise interest rates for …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 105.01 take profit at 106.91. Bearish Preference: Sell position is envisaged if price trades below 99.72 take profit at 97.82. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil prices rose over $1 on Wednesday, bouncing back after earlier declines, as Russia’s invasion of Ukraine continues …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14344.4 take profit at 14416.9. Bearish Preference: Sell position is envisaged if price trades below 14151.7 take profit at 14089.3. Fundamentals:7:00pm USD FOMC Economic Projections7:30pm 7:30pm USD FOMC Press Conference Comment: An afternoon surge in Chinese equities lifted a broad gauge of Asian shares on …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 2023.64 with take profit at 2026.64. Bearish Preference: Sell position is envisaged if price trades below 1998.64 with take profit at 1996.95. Fundamentals:4:00pm USD JOLTS Job Openings Comment: Gold on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting …
Instrument: DE30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13369.9 with take profit at 13459.2. Bearish Preference: Sell position is envisaged if price trades below 13115.8 with take profit at 13019.7. Fundamentals:No major Fundamental Comment: Plummeting stocks, soaring commodity prices, and tightening global financial conditions following Russia’s invasion of Ukraine are clouding the outlook for markets …
Instrument: AUDUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.73132 with take profit at 0.73267. Bearish Preference: A Sell position is envisaged if price trades below 0.72876 with take profit at 0.72748 Fundamentals:4:00pm USD JOLTS Job Openings Comment: The U.S. dollar edged lower Wednesday, while the Kiwi saw some support ahead of this week’s emergency EU …
Instrument: DE30 Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 14016.7 with take profit at 14151.9. Bearish Preference: A Sell position is envisaged if price trades below 13624.6 with take profit at 13496.1. Fundamentals:No major Fundamental. Comment: Asian stocks came under renewed pressure on Wednesday as investors are worried about the impact of aggressive sanctions against Russia …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1944.01 with take profit at 1947.79 . Bearish Preference: Sell position is envisaged if price trades below 1934.65 with take profit at 1929.42. Fundamentals:2:15pm USD ADP Non-Farm Employment Change4PM USD Fed Chair Powell Testifies Comment: Jittery markets once again came to the rescue of gold, helping the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1900.83 with take profit at 1903.39. Bearish Preference: Sell position is envisaged if price trades below 1884.85 with take profit at 1878.01. Fundamentals:None with high impact on the commodity Comment: Right now, Gold prices are trading sideways in a tight range, which ultimately indicates a big move …
