Fecha Actual:July 25, 2024

Price action updates JUNIO 24th to 28th

Forex markets will be under pressure this week due to Presidential elections debate this Thursday at 9:00 pm EST.  Volatility is expected and fx markets will open in asian markets. EURUSD is above 1.0730 which is a buy pressure level with targets expected at 1,0750 and 1,08. GBPUSD is on the same direction with targets expected to 1,28. USDCAD will remain under sell pressure down to 1,3650.

Index will be closed at hours of the debate but get ready for a turbulent opening next day.  Corrections are expected to get ready to take a bit with that opportunity. Gold in particular is under observation, as long as is above 2300 we prefer to move into buy strategies but let´s give it time and see how it reacts to the opening next day.

High impact this Thursday with inflation of Canada. USDCAD is expected to go down this week but let´s wait for some but pressure around 1,2650.


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