Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.28753 with take profit at price 1.29032. Bearish Preference: A sell position is envisaged if price trades below price 1.28198 with take profit at price 1.27930. Fundamentals: CAD: Federal Election (ALL DAY) Comment: USD/CAD rose 0.3% to 1.2810, with the oil-sensitive Canadian dollar hit by Monday’s fall …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 74.25 with take profit at 74.45. Bearish Preference: Sell position is envisaged if price trades below 73.67 with take profit at 73.45. Fundamentals: No Major Fundamentals Comment: Surging energy prices in Europe are hurting more than just consumers. The price spikes have started to hit industrial activities, threatening to …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.36912 with take profit at price 1.37141. Bearish Preference: A sell position is envisaged if price trades below price 1.36563 with take profit at price 1.36334. Fundamentals: No major fundamental. Comment: GBP/USD’s price action has been unexciting over the past few months. During this time, the pair …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1756.96 with take profit at 1759.55. Bearish Preference: Sell position is envisaged if price trades below 1748.91 with take profit at 1746.29. Fundamentals: No Major Fundamentals Comment: Gold was down on Monday morning in Asia, hitting a more than five-week low. Meanwhile, the dollar strengthened and investors await …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.26731 with take profit at price 1.26838. Bearish Preference: A sell position is envisaged if price trades below price 1.26468 with take profit at price 1.26382. Fundamentals: 3:00pm USD Prelim UoM Consumer Sentiment Comment: Despite the broad-based USD strength, rising crude oil prices helped the commodity-related loonie …
Instrument: USDCHF Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.92836 with take profit at 0.92933. Bearish Preference: Sell position is envisaged if price trades below 0.92555 with take profit at 0.92475. Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment: The dollar was down on Friday morning in Asia but remained near three-week highs. Strong economic data from the …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1776.76 with take profit at price 1779.08. Bearish Preference: A sell position is envisaged if price trades below price 1769.80 with take profit at price 1767.58. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The Fed will hand down its latest policy …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.467 with take profit at 109.557. Bearish Preference: Sell position is envisaged if price trades below 109.313 with take profit at 109.229. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The dollar drifted higher Thursday, with traders keeping their powder dry ahead of …
Instrument: OILs Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 75.68 with take profit at price 75.86. Bearish Preference: A sell position is envisaged if price trades below price 75.09 with take profit at price 74.85. Fundamentals: No major fundamental Comment: Oil and fuel stockpiles dropped sharply last week, as refiners in the U.S. Gulf region and …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38380 with take profit at 1.38485. Bearish Preference: Sell position is envisaged if price trades below 1.38093 with take profit at 1.37987. Fundamentals:USD 1:30PM Core Retail Sales m/mRetail Sales m/mPhilly Fed Manufacturing IndexUnemployment Claims Comment: The dollar drifted higher Thursday, with traders keeping their powder dry ahead of …
