Daily Trading Opportunities - Tuesday, June 13

During the session on Tuesday, we get the German ZEW Economic Sentiment figures, the CPI numbers coming out of the United Kingdom, and the PPI numbers coming out of the United States.

USD/CAD

The US dollar continues to go back and forth against the Canadian dollar, as we are currently stock within a consolidation area with 1.34 offering support for call buyers, and the 1.3550 level offering resistance for put buyers.

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WTI Crude Oil

The WTI Crude Oil market rallied during the session on Monday, but face as a challenge near the $47 level in a downtrend. Because of this, put buyers may be interested in getting involved in this market near that level, continuing the downtrend overall.

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DAX

The German index fell slightly on Monday, but we continue to consolidate between the €12,600 level below, and the €12,850 level above. This is a market that has been in a longer-term uptrend, so this should continue to favor call buyers over the longer term.

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Disclosure: None.

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