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USDCAD Analysis

Daily Market Analysis 18.05.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28611 with take profit at 1.28776 Bearish Preference: Sell position is envisaged if price trades below 1.27876 with take profit at 1.27696 Fundamentals:1:30pm     CAD    CPI m/m              CAD    Common CPI y/y      CAD    Median CPI …

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Daily Market Analysis 05.05.2022: USDCHF

Instrument: USDCHF Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 0.98175 with take profit at 0.98327 Bearish Preference: Sell position is envisaged if price trades below 0.97781 with take profit at 0.97657 Fundamentals:1:30pm USD Unemployment Claims Comment: The pair is seeing an upbeat as the Feds increased interest rates in the US by 50 basis point, Inflation is …

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Daily Market Analysis 18.04.2022: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.08012 with take profit at  1.08147 Bearish Preference: Sell position is envisaged if price trades below 1.07826 with take profit at 1.07668 Fundamentals:No major Fundamental. Comment: European stock markets weakened Tuesday, with investors focusing on developments in Ukraine as Russia intensifies its assault in the east of the …

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Daily Market Analysis 19.04.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.30197 with take profit at  1.30346 Bearish Preference: Sell position is envisaged if price trades below 1.29934 with take profit at 1.29789 Fundamentals:No major Fundamental. Comment: The GBP/USD pair edged lower during the Asian session on Tuesday and inched back closer to its lowest level since November …

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USDCAD Analysis

Daily Market Analysis 08.04.2022: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26183 with take profit at 1.26302. Bearish Preference: Sell position is envisaged if price trades below 1.25722 with take profit at 1.25584   Fundamentals:1:30pm CAD Employment ChangeCAD Unemployment Rate Comment: The USD/CAD pair scaled higher for the third successive day on Thursday and built on its solid recovery …

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Daily Market Analysis 29.03.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.31355 with take profit at  1.31464. Bearish Preference: Sell position is envisaged if price trades below 1.31083 with take profit at 1.30968 Fundamentals:3:00pm        USD        JOLTS Job Openings        USD        CB Consumer Confidence Comment: GBP/USD  rose 0.1% to …

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Daily Market Analysis 23.03.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32824 with take profit at  1.32963. Bearish Preference: Sell position is envisaged if price trades below 1.32448 with take profit at 1.32295. Fundamentals:8:00am        GBP        CPI y/y1:00pm        GBP        BOE Gov Bailey Speaks Comment: The dollar was …

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Daily Market Analysis 22.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35817 with take profit at 1.35946 . Bearish Preference: Sell position is envisaged if price trades below 1.35645 with take profit at 1.35522 . Fundamentals:3:45pm USD Flash Manufacturing PMIUSD Flash Services PMI4:00pm USD CB Consumer Confidence Comment: The GBP/USD pair kicked off the new week on a …

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Daily Market Analysis 26.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35240 with take profit at 1.35360. Bearish Preference: Sell position is envisaged if price trades below 1.34873 with take profit at 1.34723. Fundamentals:8:00pm USD FOMC Statement8:30pm USD FOMC Press Conference Comment: Although the pre-Fed anxiety becomes the key burden weighing down the pair prices, downbeat …

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Daily Market Analysis 10/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32345 with take profit at 1.32480. Bearish Preference: Sell position is envisaged if price trades below 1.31967 with take profit at 1.31815. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: The GBPUSD pair edged higher during the early part of the trading action on Friday and …

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