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Daily Market Analysis 05/07/2021:

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23585 with take profit at 1.23679. Bearish Preference: Sell position is envisaged if price trades below 1.23396 with take profit at 1.23328. Fundamentals:No Major Fundamentals  Comment: Even if there are good jobs data, there is still a long way to go before the US reaches ‘full employment’ as …

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Daily Market Analysis 24/06/2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.19468 with take profit at 1.19647. Bearish Preference: Sell position is envisaged if price trades below 1.19050 with take profit at 1.18895. Fundamentals:9:00 AM  EUR German ifo Business Climate                       ECB Economic Bulletin Comment: The dollar edged marginally …

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