Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27980 with take profit at 1.28156. Bearish Preference: Sell position is envisaged if price trades below 1.27250 with take profit at 1.27038. Fundamentals:No major fundamental. Comment: The USD/CAD pair held on to its intraday gains through the early European session and was last seen trading near-daily …
Instrument: EURJPY Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 132.242 with a take profit at price 132.394. Bearish Preference: A Sell position is envisaged if price trades below price 131.857 with take profit at price 131.650 Fundamentals:No major fundamental Comment: EUR/JPY prints fresh gains on Monday in the Asian trading hours. The pair …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21883 with take profit at 1.22033. Bearish Preference: Sell position is envisaged if price trades below 1.21630 with take profit at 1.21478. Fundamentals:No major fundamental Comment: The mood surrounding the pair remains cautious ahead of crucial US inflation figures and the ECB monetary policy meeting, both scheduled for …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22022 with take profit at 1.22131. Bearish Preference: Sell position is envisaged if price trades below 1.21796 with take profit at 1.21688. Fundamentals:USD 1:15PM ADP Non-Farm Employment Change 1:30PM Unemployment Claims Comment: EUR/USD sheds ground for the third consecutive session …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20152 with take profit at 1.21177. Bearish Preference: Sell position is envisaged if price trades below 1.20712 with take profit at 1.20583. Fundamentals:1:30pm USD Core PCE Price Index m/m2:45pm USD Chicago PMI Comment: The buying opportunities in the US dollar pushed USD/CAD higher on …
Instrument: EURGBP Technical Analysis Bullish Preference: Buy is envisage if price trades above 0.86353 with take profit at 0.86470. Bearish Preference: Sell is envisaged if price trades below 0.86007 with take profit at 0.85895. Fundamentals:None with high impact. Comment: The EUR/GBP cross edged lower through the first half of the European session and dropped to fresh one-month-lows, around the …
Instrument: USDCAD Technical Analysis Bullish Preference: A buy is envisaged if price trades above 1.22988 with take profit at 1.23099. Bearish Preference: A sell is envisaged if price trades below 1.22632 with take profit at 1.22512. Fundamentals:1:30pm CAD GDP m/m Comment: The Canadian dollar surged by the most since June 2020 against its U.S. counterpart on Wednesday, April …
