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 74.24 with take profit at 74.39. Bearish Preference: Sell position is envisaged if price trades below 73.51 with take profit at 73.29. Fundamentals: No major fundamental. Comment: Oil prices hit a six-week high on Tuesday on concerns that another storm could affect output in Texas this week even …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 71.52 with take profit at 71.81. Bearish Preference: Sell position is envisaged if price trades below 70.92 with take profit at 70.32. Fundamentals: No major fundamental Comment: Oil prices rose on Friday, on track to post big gains for the week, on worries about supply disruptions …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15394.08 with take profit at 15413.46. Bearish Preference: Sell position is envisaged if price trades below 15299.21 with take profit at 15278.07. Fundamentals:1:30pm USD Core Durable Goods Orders m/m Comment: Another day, another record. The major averages rose again Tuesday following a broad-based stock rally powered by full …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36344 with take profit at 1.36472. Bearish Preference: Sell position is envisaged if price trades below 1.36008 with take profit at 1.35885. Fundamentals:No major fundamentals Comment: The U.S. dollar hit a new 9-1/2-month high against major peers on Friday, buoyed by fears that the Delta …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.227 with take profit at 109.342. Bearish Preference: Sell position is envisaged if price trades below 109.030 with take profit at 108.877. Fundamentals:No Major Fundamental Comment: The dollar was down on Tuesday morning in Asia, recording losses against the safe-haven Japanese yen. Concerns over the most recent COVID-19 …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1834.70 with take profit at 1837.06. Bearish Preference: Sell position is envisaged if price trades below 1823.67 with take profit at 1821.25. Fundamentals:1:30pm USD Core PCE Price Index m/m2:45pm USD Chicago PMI3:00pm …
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13751.95 with take profit at 13771.67. Bearish Preference: Sell position is envisaged if price trades below 13688.77 with take profit at 13661.70. Fundamentals:3:00pm USD CB Consumer Confidence Comment: U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed …
