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Daily Market Analysis 26.10.2022: USDCAD

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USDCAD Analysis

Instrument: USDCAD+ Technical Analysis Bullish Preference:  Buy position is envisaged if the price trades above 1.35777 with take profit at 1.36102 Bearish Preference: Sell position is envisaged if the price trades below 1.34987 with take profit at 1.34696 Fundamentals:3:00pm     CAD   BOC Monetary Policy                  CAD    BOC Rate Statement     Comment: Oil prices …

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Daily Market Analysis 10.08.2022: OIL

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Instrument: OIL Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 96.08 with take profit at 96.49 Bearish Preference: Sell position is envisaged if price trades  below 95.21 with take profit at 94.80 Fundamentals:No major fundamental Comment: Oil prices fell on Wednesday ahead of a key U.S. report on inflation and after industry data showed U.S. crude inventories unexpectedly …

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