Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.01619 with take profit at 1.01818 Bearish Preference: Sell position is envisaged if price trades below 1.01076 with take profit at 1.00816 Fundamentals:1:30pm USD Core Durable Goods Orders m/m3:00pm USD Pending Home Sales m/m Comment:The dollar moved slightly lower on Wednesday, as traders gear up …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23806 with take profit at 1.23868. Bearish Preference: Sell position is envisaged if price trades below 1.23673 with take profit at 1.23612. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The USD/CAD pair lacked any firm directional bias on Monday and remained confined in a narrow trading band, below …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38033 with take profit at 1.38134. Bearish Preference: Sell position is envisaged if price trades below 1.37738 with take profit at 1.37642. Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The GBP/USD pair has managed to erase a portion of …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.36288 with take profit at 1.36411. Bearish Preference: A Sell position is envisaged if price trades below price 1.35689 with take profit at 1.35550. Fundamentals: 1:30pm USD Unemployment Claims Comment: The GBP/USD pair quickly recovered around 25-30 pips from the early European session lows, albeit …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27099 with take profit at 1.27225. Bearish Preference: A Sell position is envisaged if price trades below price 1.26638 with take profit at 1.26468. Fundamentals:3:30pm USD Crude Oil Inventories4:45pm USD Fed Chair Powell Speaks Comment: The USD/CAD pair lacked any firm directional bias and remained confined …
Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.26569 with take profit at 1.26683. Bearish Preference: A Sell position is envisaged if price trades below price 1.26238 with take profit at 1.26079. Fundamentals:USD: Fed Chair Powell Testifies Comment: The USD/CAD pair reversed an early European session dip to over two-week lows and rallied …
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: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1804.93 with take profit at price 1807.04. Bearish Preference: A sell position is envisaged if price trades below price 1798.86 with take profit at price 1796.75. Fundamentals: None with High Impact on the commodity Comment: Gold was down this morning in Asia, but remained above the $1,800-mark. …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 73.26 with take profit at 73.50. Bearish Preference: Sell position is envisaged if price trades below 72.47 with take profit at 72.24. Fundamentals:None with high impact. Comment: Both Brent and WTI futures remained above the $70-mark, and prices were almost unchanged as the week draws …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 75.41 with take profit at 75.61. Bearish Preference: Sell position is envisaged if price trades below 74.77 with take profit at 74.53. Fundamentals:None with a high impact on the commodity. Comment: Oil was mixed Wednesday morning in Asia, but remained above the $73 mark, as a production dispute between …
