Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28443 with take profit at 1.28565. Bearish Preference: Sell position is envisaged if price trades below 1.27921 with take profit at 1.27777. Fundamentals:No Major Fundamental Comment: The loonie pair tracks a pause in the prices of Canada’s key export item WTI crude oil to print the latest …
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1825.79 with take profit at price 1828.51. Bearish Preference: A sell position is envisaged if price trades below price 1821.85 with take profit at price 1819.29. Fundamentals: No major Fundamentals Comment: The US dollar is squeezing gently higher in US-holiday thinned trade Monday and has recovered all …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1782.11 with a take profit at price 1784.12. Bearish Preference: A Sell position is envisaged if price trades below price 1775.90 with a take profit at price 1773.80. Fundamentals:None with high impact Comment: The price of gold appears to have reverse course ahead of …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 62.69 with take profit at 63.58. Bearish Preference: Sell position is envisaged if price trades below 61.05 with take profit at 60.85. Fundamentals:3:30pm USD Fed Chair Powell Testifies Comment: Oil prices rose more than 1% on Wednesday as investors sought bargains following the previous day’s slump, but the …
