Instrument: EURCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.49411 with take profit at 1.49622. Bearish Preference: Sell position is envisaged if price trades below 1.48892 with take profit at 1.48688. Fundamentals:No major fundamental Comment: The Canadian Dollar’s stance against the Euro seems relatively more neutral. EUR/CAD remains above falling resistance from the end of last year but …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27482 with take profit at 1.27741. Bearish Preference: Sell position is envisaged if price trades below 1.27013 with take profit at 1.26773. Fundamentals:No major fundamentals Comment: The Canadian Dollar be may increasingly at risk of depreciating further against the US Dollar. USD/CAD has closed above the key 1.2748 …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15171.54 with take profit at 15186.93. Bearish Preference: Sell position is envisaged if price trades below 15108.20 with take profit at 15090.11. Fundamentals:No major fundamental Comment: The Nasdaq 100 index pulled back from all-time highs last week and entered a technical correction. Prices breached below the 20-Day SMA line, …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.002 with take profit at 110.132. Bearish Preference: Sell position is envisaged if price trades below 109.834 with take profit at 100.732. Fundamentals:No major fundamentals Comment: USD traded between 109.55 and 109.88 last Friday, narrower than our expected sideway-trading range of 109.55/110.05. Momentum indicators are still ‘flat’ and …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14923.22 with take profit at 14938.78. Bearish Preference: Sell position is envisaged if price trades below 14847.35 with take profit at 14827.89. Fundamentals:No major fundamental Comment: Global shares fell for the fifth straight day and the dollar remained firm in a flight to safety on Friday …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36344 with take profit at 1.36472. Bearish Preference: Sell position is envisaged if price trades below 1.36008 with take profit at 1.35885. Fundamentals:No major fundamentals Comment: The U.S. dollar hit a new 9-1/2-month high against major peers on Friday, buoyed by fears that the Delta …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1796.83 with take profit at 1800.22. Bearish Preference: Sell position is envisaged if price trades below 1783.72 with take profit at 1780.49. Fundamentals:USD 1:30PM Philly Fed Manufacturing Index …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17043 with take profit at 1.17161. Bearish Preference: Sell position is envisaged if price trades below 1.16840 with take profit at 1.16695. Fundamentals:USD 1:30PM Philly Fed Manufacturing Index …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14794.04 with take profit at 14812.41. Bearish Preference: Sell position is envisaged if price trades below 14713.41 with take profit at 14692.17. Fundamentals:USD 1:30PM Philly Fed Manufacturing Index …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15030.96 with take profit at 15039.28. Bearish Preference: Sell position is envisaged if price trades below 14992.66 with take profit at 14982.24. Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …
