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.
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.
Thanks for sharing