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TRADING SIGNALS FOR TODAY

Date: 23.03.2021  Time: 09:30 GMT+1  Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1741.78 with take profit at 1744.09. Bearish Preference: Sell position is envisaged if price trades below 1733.26 with take profit at 1731.19 Fundamentals:     3:00pm USD Fed Chair Powell Speaks Comment: Gold was down on Tuesday morning in Asia as the dollar strengthened, and fresh COVID-19 restrictive measures were introduced across Europe. U.S. Federal Reserve Chairman Jerome Powell said that the U.S. economy had progressed “more quickly than generally expected and looks to be strengthening” but added that it still far from full recovery.

Date: 22.03.2021  Time: 09:30 GMT+1  Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.38471  with take profit at 1.38688. Bullish Preference: Sell position is envisaged if price trades below 1.38219 with take profit at 1.38030. Fundamentals: 9:40am    GBP    MPC Member Haldane Speaks 12:50pm    GBP    BOE Gov Bailey Speaks 3:00pm    USD    Fed Chair Powell Testifies Comment: The dollar strengthened in early European trading Tuesday, with focus turning towards testimony from Fed chief Jerome Powell and Treasury Secretary Janet Yellen and what this may mean for bond yields.  The GBP/USD pair opened with a modest bearish gap and dropped to multi-day lows during the early part of the trading action on Monday. Worries that events in Turkey will cause disruptions in other asset classes drove some haven flows towards the US dollar, which, in turn, exerted some pressure on the major Thanks  TEMIJBK  REGISTER HERE AND START TO TRADE   https://www.ironfx.com/en/register?utm_source=13149270&utm_medium=ib_link&utm_campaign=IB