Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28820 with take profit at 1.28973 Bearish Preference: Sell position is envisaged if price trades below 1.28542 with take profit at 1.28412 Fundamentals:No major fundamental Comment: The USD/CAD pair regains some positive traction on Tuesday and reverses a part of the previous day’s sharp decline. The pair …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.29724 with take profit at 1.29925 Bearish Preference: Sell position is envisaged if price trades below price 1.29353 with take profit at 1.29062 Fundamentals:No Major Fundamental Comment:The USD/CAD pair extended its retracement slide from the YTD peak, around the 1.3075-1.3080 area set on Friday and witnessed some follow-through …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23605 with take profit at 1.23734 Bearish Preference: Sell position is envisaged if price trades below 1.23146 with take profit at 1.23070 Fundamentals:FOMC Member Waller Speaks by 6 PMFOMC Member Mester Speaks by 8 PM Comment: GBP/USD has been fluctuating in a relatively tight range above 1.2300 …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 121.957 with a take profit at 122.181. Bearish Preference: Sell position is envisaged if price trades below 121.361 with take profit at 121.194. Fundamentals:No major Fundamental Comment: The dollar was down on Friday morning in Asia, and the Japanese yen was set for its worst week in two …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.848 with take profit at 114.936. Bearish Preference: Sell position is envisaged if price trades below 114.614 with take profit at 114.550. Fundamentals:2:30pm USD Prelim GDP q/qUSD Unemployment Claims Comment: Ukraine and Russia The pair witnessed aggressive selling during the early part of the trading on Thursday …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15098.88 with take profit at 15984.75. Bearish Preference: Sell position is envisaged if price trades below 14946.95 with take profit at 14851.16. Fundamentals:11:00am EUR EU Economic Forecasts2:30pm USD CPI USD Core CPI m/mUSD Unemployment Claims Comment: Asia Pacific stocks were mixed on Thursday morning, even after U.S. …
Instrument: EURGBP Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.84940 with take profit at 0.85025. Bearish Preference: A Sell position is envisaged if price trades below price 0.84691 with take profit at 0.84611. Fundamentals:All DAY G20 Meetings Comment: The UK GDP monthly release showed that the economy expanded less-than-expected in August, arriving at 0.4% …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22084 with take profit at 1.22194. Bearish Preference: Sell position is envisaged if price trades below 1.21882 with take profit at 1.21796. Fundamentals:1:00pm EUR ECB President Lagarde Speaks 1:30pm USD Philly Fed Manufacturing Index Unemployment Claims Comment: U.S. stocks are seen opening sharply lower Wednesday, continuing the downward …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13071.57 with take profit at 13120.40. Bearish Preference: Sell position is envisaged if price trades below 12980.63 with take profit at 12943.55. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: U.S. stocks are seen opening sharply lower Wednesday, continuing the downward move from the previous session, with …
Intraday: Bearish Technical Analysis Preference: A Sell position is envisaged if price trades below 24.19 with take profit at 23.3.0 Alternative scenario: Buy position is envisaged if price trades above 25.81 with take profit at 26.47 Fundamentals:No major economic data expected today Comment: The commodity has been on a downward spiral. This because the pandemic and destabilized the economy …
