Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24121 with take profit at 1.24215. Bearish Preference: Sell position is envisaged if price trades below 1.23774 with take profit at 1.23672. Fundamentals:2:15PM USD: Industrial Production m/m3:30PM CAD: BOC Business Outlook Survey Comment: CAD’s rally continued this week, with USD/CAD breaking decisively below 1.24. Economists …
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: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23923 with take profit at 1.24112. Bearish Preference: Sell position is envisaged if price trades below 1.23321 with take profit at 1.23041. Fundamentals:None with high impact on the pair. Comment: In Canada, ADP Employment Change report indicated that employment increased by 101,600 jobs in May compared …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.20909 with take profit at 1.21009. Bearish Preference: Sell position is envisaged if price trades below 1.20748 with take profit at 1.20643. Fundamentals:No major fundamental. Comment: USD/CAD is a touch lower as the North American session moves along trading at 1.2063 trading within a range of …
