Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25183 with take profit at 1.25408. Bearish Preference: Sell position is envisaged if price trades below 1.24718 with take profit at 1.24510. Fundamentals:1:30 pm CAD Employment Change CAD Unemployment RateAll Day G20 Meetings Comment: It’s a relatively busy day ahead …
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 …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.21986 with take profit at 1.22088. Bearish Preference: Sell position is envisaged if price trades below 1.21862 with take profit at 1.21758. Fundamentals:ALL DAY: EUR. French Bank Holiday Comment: The Euro has a mostly positive turn through the middle of May, even if the headline stats don’t appear …
