Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25299 with take profit at 1.25422. Bearish Preference: Sell position is envisaged if price trades below 1.24759 with take profit at 1.24590. Fundamentals:2:30pm USD Retail Sales Comment: The persistent weakness in the US dollar, despite the uptick in the Treasury yields, recalls sellers, as investors remain …
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: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 70.12 with take profit at 70.27. Bearish Preference: Sell position is envisaged if price trades below 69.68 with take profit at 69.56. Fundamentals:3:30pm USD Crude Oil Inventories Comment: Oil was up Wednesday morning in Asia, even as it recorded a fifth day of declines. The fuel …
