Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.26944 with take profit at 1.27123 Bearish Preference: Sell position is envisaged if price trades below 1.26288 with take profit at 1.25959 Fundamentals:3 PM CB Consumer Confidence Comment: The Canadian dollar rose to its highest level in more than five-weeks against the greenback on Monday, as …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1833.63 with take profit at 1837.37 Bearish Preference: Sell position is envisaged if price trades below 1819.93 with take profit at 1817.72 Fundamentals:Core Retail Sales m/m 1:30 PMRetail Sales m/m 1:30 PMFed Chair Powell Speaks 7:00 PM Comment: Gold prices …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 81.56 with take profit at 81.74. Bearish Preference: Sell position is envisaged if price trades below 80.57 with take profit at 80.38. Fundamentals:None with high impact on the commodity Comment: Oil prices rose on Friday, after wild swings the day before, as investor bet that potential …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.36912 with take profit at price 1.37141. Bearish Preference: A sell position is envisaged if price trades below price 1.36563 with take profit at price 1.36334. Fundamentals: No major fundamental. Comment: GBP/USD’s price action has been unexciting over the past few months. During this time, the pair …
