Daily Trading Opportunities - Monday, June 19

During the session on Monday, we have almost no economic news to move the markets, so at this point in time I believe that the Monday session will be technically driven more than anything house.

USD/CAD 

The US dollar initially fell against the Canadian dollar, but continues to find support underneath. Currently, looks as if it is more of a back and forth type of situation just waiting to happen, so with this, expect volatility and opportunities in both directions.

chart-1-6-18

WTI Crude Oil

The WTI Crude Oil market initially rally during the day, reaching towards the $45 level. However, you can see that we continue to find selling pressure near that area, so it looks like the put buyers are still very much in control of this market.

chart-2-6-18

DAX

The German index had a very quiet session on Friday, as we continue to find support just below. Ultimately, the call buyers seem to be attracted to this market time and time again.

chart-3-6-18

Disclosure: None.

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Chee Hin Teh 6 years ago Member's comment

Thanks for sharing