Analyst
Intraday: Bearish
Preference: Sell position is envisaged if price trades below 1.11020 with take profit at 1.10975.
Alternative scenario: Buy position is envisaged if price trades above 1.11187 with take profit at 1.11232
Average Hourly Earnings m/m 2:30 (USD)
Non-Farm Employment Change 2:30 (USD)
Unemployment Rate 2:30 (USD)
Comment: With news expected from the US today and also with expected progress from the US-China trade talks. Trade should be based on the stipulated price level with close monitoring on the 2:30 news release from the US.
Intraday: Bullish
Preference: Buy position is envisaged if price trades above 13107.6 with take profit at 13187.6
Alternative scenario: Sell position is envisaged if price trades below 13059.6 with take profit at 12980.1
Italian Retail Sales m/m 09:30 (EUR)
Comment: With expected progress from the US-China trade talks. Job data from the US later today is envisaged to impact the movement of the index today.
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