Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28820 with take profit at 1.28973 Bearish Preference: Sell position is envisaged if price trades below 1.28542 with take profit at 1.28412 Fundamentals:No major fundamental Comment: The USD/CAD pair regains some positive traction on Tuesday and reverses a part of the previous day’s sharp decline. The pair …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 119.190 take profit at 119.376. Bearish Preference: Sell position is envisaged if price trades below 118.648 take profit at 118.487. Fundamentals:No Major Fundamental Comment: The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13718 with take profit at 1.13830. Bearish Preference: Sell position is envisaged if price trades below 1.13465 with take profit at 1.13347. Fundamentals:2:30pm USD Philly Fed Manufacturing IndexUSD Unemployment Claims Comment: Retreating US bond yields weighed on the USD and assisted EUR/USD to gain traction on …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.33447 with take profit at 1.33572. Bearish Preference: A Sell position is envisaged if price trades below price 1.33305 with take profit at 1.33173. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida …
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: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14620.33 with take profit at 14638.95. Bearish Preference: Sell position is envisaged if price trades below 14517.65 with take profit at 14490.34. Fundamentals:No major fundamental. Comment: US futures contracts on NASDAQ and and stocks in Europe retreated Monday on concerns that the global economic recovery will fizzle …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.194 with take profit at 110.297. Bearish Preference: Sell position is envisaged if price trades below 109.869 with take profit at 109.773. Fundamentals:1:30 PM USD Core retail Sales USD Retail Sales3:00PM USD Prelim UoM …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.835 with take profit at 109.966. Bearish Preference: Sell position is envisaged if price trades below 109.582 with take profit at 109.453. Fundamentals:No major Fundamentals Comment: The US Dollar (via the DXY Index) proved feeble in the wake of the May US nonfarm payrolls report, failing to gain …
