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Daily Market Analysis 21/07/2021: EURUSD

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Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17717 with take profit at 1.17831. Bearish Preference: Sell position is envisaged if price trades below 1.17529 with take profit at 1.17406. Fundamentals:No major fundamental. Comment: The greenback has been able to maintain its strength despite stocks’ upswing – showing that it is more than …

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Daily Market Analysis 13|05|2021: USDCAD

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Instrument: USDCAD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.21474 with take profit at 1.21711. Bearish Preference: Sell is envisaged if price trades below 1.21036 with take profit at 1.20858. Fundamentals:USD 1:30 PM Unemployment Claims Comment:  The dollar jumped Wednesday, riding the sharp upswing in U.S. bond yields following a red-hot inflation report for April that …

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