Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28415 with take profit at 1.28550. Bearish Preference: Sell position is envisaged if price trades below 1.27943 with take profit at 1.27809. Fundamentals:2:30pm CAD Employment Change CAD Unemployment Rate USD Average Hourly Earnings m/m …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24888 with take profit at 1.25356. Bearish Preference: Sell position is envisaged if price trades below 1.24343 with take profit at 1.23797 Fundamentals:No major fundamentals Comment: USD/CAD continued to move lower on Friday, with the market now testing the mid-February 2018 low at 1.2452. We still …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.26223 with take profit at 1.26520. Bearish Preference: Sell is envisaged if price trades below 1.25585 with take profit at 1.25021. Fundamentals:7:30PM CAD Gov Council Member Schembri Speaks Comment: Crude prices have been buoyant since the Organization of the Petroleum Exporting Countries, Russia and their oil producing …
Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.25468 with take profit at 1.25020. Bullish Preference: Buy is envisaged if price trades above 1.26104 with take profit at 1.26440. Fundamentals:4:00pm USD Fed Chair Powell Testifies Comment: The Loonie has seen steady gains on the buck as the efficacy of the vaccines improves the hopes …
Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1.26669 with take profit at 1.26399 Bullish Preference: Buy is envisaged if price trades above 1.26964 with take profit at 1.27082 Fundamentals:2:30pm USD Unemployment Claims Comment: The monthly report published by the US Bureau of Labor Statistics showed on Wednesday that the Core Consumer Price Index (CPI) …
Instrument: USDCAD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.27301 with take profit at 1.26968. Bullish Preference: Buy is envisaged if price trades above 1.28199 with take profit at 1.28560. Fundamentals:USD Final Manufacturing PMIUSD ISM Manufacturing PMIUSD ISM Manufacturing PricesCAD Manufacturing PMI Comment: Technically, on the D1 we see that the 50 EMA is serving …
Instrument: USDCAD Intraday: BEARISH Technical Analysis Preference: Sell position is envisaged if price trades below 1.32640 with take profit at key level 1.32457. Alternative scenario: Buy if price trades above 1.32805 with take profit at 1.33044. Fundamentals:Fed Chair Powell Speaks (USD) 3:40 pm Comment: Technically on the H1 we see the instrument is trading around a strong resistance and …
Instrument: USDCAD Intraday: BULLISH Technical Analysis Preference: Buy position is envisaged if price trades above 1.31415 with take profit at key level 1.31584 Alternative scenario: Sell position is envisaged if price below 1.31008 with take profit at 1.30788 Fundamentals:No major economic data with bearing on the pair. Comment: The loonie pair marks the second day of run-up as market sentiment favors …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.30888 with take profit at 1.30778 Alternative scenario: Buy position is envisaged if price trades above 1.30945 with take profit at 1.31537 Fundamentals:1:30pm CAD GDP m/mUSD Core PCE Price Index m/mUSD Personal Spending m/m Comment: The loonie gained momentum despite the recovery of the …
Instrument: USDCAD Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.31084 with take profit at key level 1.30655 Alternative scenario: Buy position is envisaged if price trades above bearish structure 1.32438 with take profit at 1.33693 Fundamentals:USD Fed Chair Powell Speaks 2:10pmCAD BOC Gov Macklem Speaks 4:15pmUSD Jackson Hole Symposium all day Comment: on …
