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Daily Market Analysis 07.10.2022: USDCAD

USDCAD Analysis

Instrument: USDCAD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.37654 with take profit at 1.37829 Bearish Preference: Sell position is envisaged if price trades below 1.37137 with take profit at 1.36891 Fundamentals:1:30pmCAD Employment ChangeCAD Unemployment RateUSD Average Hourly Earnings m/mUSD Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar held onto strong overnight gains on Friday, buoyed by …

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Daily Market Analysis 14.03.2022: OIL

Instrument: OILs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 109.95 with take profit at 111.32. Bearish Preference: Sell position is envisaged if price trades below 108.23 with take profit at 107.18. Fundamentals:No major fundamental  Comment: Oil prices shed as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war …

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