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.


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.


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.



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.


Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.
Chee Hin Teh 4 years ago Member's comment

Thanks for sharing