Daily Forex Analysis - CAD & Crypto Currency Analysis - 06 Aug

avatar
· Views 1,394

#OPINIONLEADER#


Currency call summary 06 08 2021 with LCMS Traders:


USDCAD is currently in a conflicted situation with a strengthening DXY and also WTIUSD is moving higher which is bullish for the CAD. CADJPY is a buying opportunity if price can get to 88.00 with a 30 pip stop loss and a 60 pip take profit, with the catalyst to this trade being the CAD Employment Change and Unemployment Rate released at 20:30 GMT+8. For BTCUSD if price can get to 42 000 USD this can be taken as a buy trade with a 1000 pip stop loss and a 3000 pip take profit. ETHUSD is a buy trade if price can get back through 2800 using a 300 pip stop loss and a 500 pip take profit. In the first 20 minutes of today's call Gim Hong went over the BoE meeting yesterday and also this morning's speech fro RBA Governor Lowe. The DXY is looking for a close to or beat of NFP expectations and also Average Hourly Earnings (MoM) will be of focus to see if the US dollar can push over recent tops at 92.50.




면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.

이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
댓글 0

  • tradingContest