WTI sees scope to fall further, Potential trade opportunity in USD/CAD - ForexLive
Jul 26, 2016, 02:26 PM
Ryan Littlestone, Director at ForexLive, joined the Tip TV Finance Studio, to offer the technical view on GBP/USD, WTI Oil, and USD/CAD. Interviewed by Alan Green, CEO or Brand Communications, and Zak Mir, Technical Analyst at Zak’s Traders Cafe.
Highlights:
GBP/USD: “BoE - Too early to say that the economy will tank. Should give a few more months before ascertaining the trend.”
WTI Daily: “Hit an important support around $43-$42 area, and breaking below this we are going lower towards $40.”
USD/CAD: “Broken an importance resistance. Potential trade here ahead of the Fed.”