Intraday: Bullish Technical Analysis Preference: A Buy position is envisaged if price trades above 1.42092 with take profit at 1.42645 Alternative scenario: Sell position is envisaged if price trades below 1.41458 with take profit at 1.41082 Fundamentals:No fundamentals Comment: For now, the main driver of the current USD/CAD upside is the downside move on the oil price front …
Intraday: Bullish Technical Analysis Preference: A Buy position is envisaged if price trades above 1.41860 with take profit at 1.42532. Alternative scenario: Sell position is envisaged if price trades below 1.41391 with take profit at 1.40976 Fundamentals:Core retail sales m/m (CAD) 1:30 pmRetail Sales m/m (CAD) 1:30 pm Comment: The COVID 19 has seen a lot of economy …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if price trades below 1.08372 with take profit at 1.08266 * Alternative scenario: Buy position is envisaged if price trades above 1.09000 with take profit at 1.09221 * Fundamentals:No major economic data expected today Comment: Market sentiment on the pair remain bearish owing to the expected global recession …
Intraday: Bearish * Technical Analysis * Preference: A sell is in order if price trades below 1.08480 with take profit at 1.08433 * Alternative scenario: Buy once price trades below 1.08570 with take profit at 1.08630 * Fundamentals:IMF Meetings Eur: Trade Balance Final CPI Final Core CPIUSA: CB learning Index Comment: The greenback is currently basking in sentiments given that …
Intraday: Bullish * Technical Analysis * Preference: A Buy position is envisaged if price trades above 1.08956 with take profit at 1.09047 * Alternative scenario: A Sell position is envisaged if price trades below 1.08783 with take profit at 1.08650 * Fundamentals:USD Unemployment Claims 1:30pm Comment: The dollar gains from yesterday quickly went sour today as data …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if price trades below 107.706 with take profit at 107.680 * Alternative scenario: A Buy position is envisaged if price trades above 107.815 with take profit at 107.990 * Fundamentals:USD Unemployment Claims 1:30pm Comment: most investors have been weary of the dollar and have recently started pumping their …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged if trades below 1.09496 with take profit at 1.09400 * Alternative scenario: A Buy position is envisaged if price trades above 1.09545 with take profit at 1.09600 * Fundamentals:USD Core Retail Sales m/mUSD Retail Sales m/mUSD Empire State Manufacturing IndexUSD Capacity Utilization RateUSD Industrial Production …
Intraday: Bearish * Technical Analysis * Preference: A Sell position is envisaged at current price with take profit at 0.63325. * Alternative scenario: A Buy position is envisaged if price trades above 0.63325 with take profit at 0.63444 * Fundamentals:USD Core Retail Sales m/mUSD Retail Sales m/mUSD Empire State Manufacturing IndexUSD Capacity Utilization Rate Comment: The U.S. dollar rose in …
Intraday: Bullish * Technical Analysis * Preference: A Buy position is envisaged if price trades above 1.09402 with take profit at 1.09611 * Alternative scenario: A Sell position is envisaged if price trades below 1.09197 with take profit at 1.08982 * Fundamentals:No major economic data with direct bearing on the currency pair Comment: EUR/USD is gaining ground …
