Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24121 with take profit at 1.24215. Bearish Preference: Sell position is envisaged if price trades below 1.23774 with take profit at 1.23672. Fundamentals:2:15PM USD: Industrial Production m/m3:30PM CAD: BOC Business Outlook Survey Comment: CAD’s rally continued this week, with USD/CAD breaking decisively below 1.24. Economists …
Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 34354 with take profit at 34434. Bearish Preference: Sell position is envisaged if price trades below 34166 with take profit at 34089. Fundamentals:USD 7:00 pm FOMC Economic Projections FOMC Statement …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.42115 with take profit at 1.42262. Bearish Preference: Sell position is envisaged if price trades below 1.41517 with take profit at 1.41197. Fundamentals:3:00 pm GBP BOE Gov Bailey Speaks Comment: The dollar was down on Tuesday morning in Asia, also hovering close to multi-month lows against …
