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usdcad

Daily Market Analysis 10/12/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades 1.27420 above with take profit at 1.27588. Bearish Preference: Sell position is envisaged if price trades below 1.26854 with take profit at 1.26686. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: USD/CAD pares intraday losses amid a sluggish European morning on Friday. Alike other major currency …

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Daily Market Analysis 03/12/2021: USDCAD

Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.28415 with take profit at 1.28550. Bearish Preference: Sell position is envisaged if price trades below 1.27943 with take profit at 1.27809. Fundamentals:2:30pm CAD Employment Change              CAD Unemployment Rate              USD Average Hourly Earnings m/m  …

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Daily Market Analysis 26/11/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27515 with take profit at 1.27628. Bearish Preference: Sell position is envisaged if price trades below 1.27200 with take profit at 1.27087. Fundamentals:Tentative USD Treasury Currency Report Comment: USD/CAD refreshes intraday high to 1.2693 to mark the first positive day in the last four with 0.36% …

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Daily Market Analysis 11/11/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 83.11 with take profit at 83.36 Bearish Preference: Sell position is envisaged if price trades below 82.34 with take profit at 82.13 Fundamentals:No major fundamental Comment: Crude prices edged higher Thursday, rebounding after the previous session’s losses on concerns the sharp rise in U.S. inflation, boosted …

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Daily Market Analysis 02/11/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.24085 with take profit at 1.24198. Bearish Preference: Sell position is envisaged if price trades below 1.23709 with take profit at 1.23575. Fundamentals:No major fundamental Comment: USD/CAD licks the week-start wounds near 1.2375 amid a quiet Asian session on Tuesday. The Loonie pair benefited from the …

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Daily Market Analysis 01/11/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23806 with take profit at 1.23868. Bearish Preference: Sell position is envisaged if price trades below 1.23673  with take profit at 1.23612. Fundamentals:3:00pm USD ISM Manufacturing PMI Comment: The USD/CAD pair lacked any firm directional bias on Monday and remained confined in a narrow trading band, below …

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Daily Market Analysis 12/10/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.24708 with take profit at 1.24876. Bearish Preference: A Sell position is envisaged if price trades below price 1.24375 with take profit at 1.24172. Fundamentals:3:00pm USD JOLTS Job Openings4:15pm USD FOMC Member Clarida Speaks6:01pm USD 10-y Bond Auction Comment: The USD/CAD pair spent the Asian …

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Daily Market Analysis 29/09/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.27099 with take profit at 1.27225. Bearish Preference: A Sell position is envisaged if price trades below price 1.26638 with take profit at 1.26468. Fundamentals:3:30pm USD Crude Oil Inventories4:45pm USD Fed Chair Powell Speaks Comment: The USD/CAD pair lacked any firm directional bias and remained confined …

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Daily Market Analysis 28/09/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.26569 with take profit at 1.26683. Bearish Preference: A Sell position is envisaged if price trades below price 1.26238 with take profit at 1.26079. Fundamentals:USD: Fed Chair Powell Testifies Comment: The USD/CAD pair reversed an early European session dip to over two-week lows and rallied …

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Daily Market Analysis 23/09/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27097 with take profit at 1.27229. Bearish Preference: Sell position is envisaged if price trades below 1.26473 with take profit at 1.26258. Fundamentals:1:30pm CAD Core Retail Sales m/m Retail Sales m/m USD Unemployment Claims2:45PM USD Flash Manufacturing PMI Flash Services PMI Comment: USD/CAD appears to be …

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