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Microsoft Dynamics NAV 2016 - "A users guide"Christos Pittis
I was delighted to be speaking at the NAVUG networking event hosted at the Arsenal Football Club PLC on the 1st of July 2016.
My approach was more of an NAV upgrade story than any sales pitch so I have discussed the following topics:
- Our journey to Microsoft Dynamics- NAV 2016
- Areas of potential performance improvements to your Microsoft Dynamics NAV environment
- Areas for further reading and research
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
2. 2 www.econotimes.com
Market Recap
● European shares were steady on Thursday after
global markets wiped off trillions of dollars in the
last two days. London's FTSE rose 0.2-0.4 percent
in early trades gains, Germany's DAX rose 0.2 per-
cent, France's CAC 40 increased 0.1 pct, while the
FTSEurofirst 300 gained 0.4 pct.
● Japan's Nikkei ended down 2.4pct, adding to its
3.7pct drop in the previous session. China stocks
ended down 3 pct after a volatile session. MSCI's
broadest index of Asia -Pacific shares outside Ja-
pan hit a new 4-year low. HongKong's Hang Seng
Index closed down 1.8 pct at 18,542.15 points.
● Oil dropped back towards 12-year lows on persis-
tent concerns about a supply overhang and the de-
mand outlook. The international benchmark Brent
was down 43 cents at $27.45 per barrel by 0913
GMT. Brent has lost 26pct so far in January, on
track for its biggest monthly fall since 2008. Front-
month West Texas Intermediate crude futures
traded at $28.09 per barrel, down 26 cents from
their previous close.
● Gold climbed to a near 1-1/2-week high, with its
safe-haven appeal intact as equities and oil gave up
early gains. Spot gold was up 0.3pct at $1,103.80
an ounce by 0709 GMT.
Treasuries
● U.S. 30-year Treasury bond rose nearly 2 points in
price, 30-year yield last stood at 2.715 pct.
● German bund futures opened 25 ticks lower at
160.88, Portuguese 10-year yields rose 6 basis
points to 3 percent, pulling the gap with German
equivalents to its widest since October 2014. Ital-
ian equivalent yields were up 3 bps at 1.69 percent,
the gap was the widest since August last year.
● Australian government bond futures eased, with
the 3-year bond contract off 2 ticks at 98.110. The
10-year contract also fell 2 to 97.3250, but the 20-
year contract added half a tick to 96.8400. New
Zealand government bonds eased slightly, pushing
yields up 1.5 basis points across the curve.
Market Briefs
● USD/JPY back above 117 after sliding to 115.97
Wed. Plays 116.47/117.48.
● Rebound in crude oil and equities help dollar re-
cover.
● EUR/USD up initially to 1.0921 but eases to
1.0885 in Europe.
● GBP/USD consolidates above Wed's 1.4125 7 year
low. Plays 1.4152/1.4202.
● Russian ruble plummets to new lows as pressure
builds.
● USD/RUB comes close to new record high 86 be-
fore retreating.
● UK Dec RICS housing survey +50 vs previous 49.
50 expected.
● Greece accepts IMF participation in bailout plan -
Dijsselbloem.
● Kremlin says ruble is volatile, but "not collapsing".
● Davos- IMF Lagarde: China's structural reform are
"massive undertaking".
● Davos- China to honor its commitment on reforms
related to SDR entry.
● Davos- IMF Lagarde: China should communicate
better with financial markets.
● China's Dec commercial banks' net forex sales at
$89.4 bln.
● Capital outflows from China eased in Q4-FX regu-
lator.
● Unnamed JP Abe aide: JPY has to stop rising, BoJ
should act next week – WSJ
● Abe aide Shibayama: BoJ ease not on the cards.
Institutional Positions
● J.P. Morgan: Stay short EUR/SEK but with an intervention
floor, short EUR/CHF and short EUR/CZK.
● Societe Generale: Short EUR/PLN, entry 4.2380, target
4.0700, stop 4.3200 P/L -1.93%.
● Societe Generale: Long USD/TRY, entry 2.9600, target
3.1500, stop 2.8800, P/L -0.78%.
● Societe Generale: Short TRY/MXN, entry 5.8000, target
5.43, stop 5.94, P/L -2.41%.
● J.P. Morgan: Stay long USD/SGD from 1.3721 July 24,
marked at +5.11%.
● J.P. Morgan: Buy 3m AUD/USD ATM vs sell USD/CAD
3m 25d, 1.5 x 1 AUD vega, P/L -3.3 vol.
● Societe Generale: We are still be a long term CAD bulls vs
AUD and NZD.
● BoFA Merrill Lynch: We are medium-term bearish EUR,
but see short-term risks.
● Barclays: Keep long USD/BRL, targeting 4.24.
3. Economic Data Preview
● (0745 ET/1245 GMT) The European Central Bank
is likely to stand pat when its policymakers meet
on Thursday, even as a market crash, tumbling
bank stocks and ebbing inflation set the stage for
action later in the year.
● (0800 ET/1300 GMT) Brazil payroll data is ex-
pected to show about 1.5 million Brazilians lost
their jobs in 2015, in a year when the economy
contracted at its steepest pace in 25 years. The
economy shed a net 655,000 payroll jobs in De-
cember.
● (0830 ET/1330 GMT) The number of Americans
filing for jobless benefits likely slipped to 278,000
from 284,000 the prior week, showing little signs
of a pick-up in layoffs despite a recent sharp slow-
down in economic growth and financial markets
turmoil. The continuing claims probably dropped to
2.248M from 2.263M.
● (0830 ET/1330 GMT) The Federal Reserve Bank of
Philadelphia releases its manufacturing survey for
January, which likely dropped to 5 after falling to
5.9 in December.
● (1000 ET/1500 GMT) The European Commission's
Consumer Confidence Index for January is likely to
show a drop to 5, the index fell to 5.7 in December.
● (1030 ET/1530 GMT) EIA's Natural Gas Storage
change for the week ending Jan 15 is expected to
be at -180B.
● (1100 ET/1600 GMT) EIA's Crude Oil Stocks
change for the week ending Jan 15 is likely to re-
main at 3.000M.
Key Events
● (0830 ET/1330 GMT) The ECB releases its mone-
tary policy statement and the president speaks at
press conference.
● (1045 ET/1545 GMT) FedTrade Operation 15-year
Fannie Mae / Freddie Mac (max $525 mn).
Top News
● The European Central Bank is likely to keep inter-
est rates on hold when its policymakers meet on
Thursday, even as a market crash, tumbling bank
stocks and ebbing inflation set the stage for action
later in the year.
● Investors are trying to beat a tax increase on buy-
to-let properties in Britain, helping to push up
house prices last month, according to a survey.
● At first glance there is something odd about Italy's
economic data. For months the country’s consumer
and business sentiment has been stronger than
almost other countries in the euro zone, yet eco-
nomic activity still lags its peers.
● Blood-letting in global markets is dominating cor-
ridor talk as business leaders and policymakers
meet in Davos, although so far the view is that it
doesn't signal a financial crisis.
● The International Monetary Fund said on Wednes-
day it ended an exemption to its lending rules that
had allowed it to make major loans to Greece, Ire-
land and Portugal in 2010 and 2011 to fight a
growing euro-area sovereign debt crisis.
● Bank of Japan Governor Haruhiko Kuroda said he
is not thinking of adopting a negative interest rate
policy now, hinting that any further monetary eas-
ing will likely take form of an expansion of its cur-
rent massive asset-buying programme.
● South Africa's credit rating would be downgraded
if further policy mistakes are made and if growth
continues to disappoint, the regional head of Stan-
dard & Poor's said on Thursday.
● Moves by China's central bank to inject over 600
billion yuan ($91.19 billion) in liquidity ahead of
the Lunar New Year holidays could substitute for a
cut in the amount of cash that banks must hold as
reserves, the chief economist at the People's Bank
of China (PROC) was quoted a paper as saying on
Thursday.
● Foreign direct investment into Indonesia rose al-
most 20pct in terms of rupiah in 2015 from a year
ago as investment in the final quarter jumped after
a series of government stimulus measures.
3 www.econotimes.com
4. 4 www.econotimes.com
FundamentalAnalysis
Sovereign downgrades likely to accelerate in 2016, suggests
S&P's report
Standard & Poor's global sovereign ratings outlook published
in Jan showed that the number of investment grade sovereign
ratings ('BBB- or above) amongst the 131 sovereigns rated by
S&P globally, is just over 53%, the lowest level ever. Similarly,
the number of 'AAA' rated sovereigns has now declined to 13,
from 19 in December 2010, however the 'AAA' share in the
total rated sovereigns is off its all-time low of 9% recorded in
mid-2015.
Since mid-2008 sovereign downgrades have generally out-
numbered upgrades. The eroding credit quality of rated sov-
ereigns goes some way to explain the mild decline seen in the
unweighted average sovereign rating. Over the past five
years, S&P has lowered two sovereign ratings per month on
average, but raised only one. This pattern was continued in
2015, despite a mild uptick in upgrades.
The trend is also expected to continue into 2016, with more
downgrades likely for the year. Negative outlooks have out-
numbered positive outlooks since early 2008. The second
half of 2015 has seen a reversal of the gradually improving
trend in the outlook balance that had begun in 2013. On Dec.
31, 2015, the 25 negative outlooks outnumbered eight posi-
tive outlooks by a ratio of 3 to 1.
Over the past year, the outlook balance has deteriorated in all
global regions except Asia-Pacific. The deterioration was
most pronounced in the Middle East, Commonwealth of In-
dependent States (CIS) and Africa, while Europe has seen the
strongest improvement among all regions in its outlook bal-
ance since 2011. At year-end 2015, there were three positive
outlooks in the Eurozone (Cyprus, Malta, Slovenia) and two
negative ones (France and Finland).
For 2016, China appears to top the list of economic concerns.
For Sovereigns and businesses that borrow internationally,
Fed hike has seen financing costs increase through 2015. That
said global oil prices appear likely to remain low in 2016,
which will provide support for economic activity and trade
accounts for the many oil importers in the region.
5. 5 www.econotimes.com
Economy Watch
● Barclays: We reduce our forecast for Q4 2015 US real GDP growth to 0.5%.
● BOC expects non-commodity exports to lead the recovery, growing nearly 21% from 2q15 levels by the end of 2017.
● Reuters Survey: 51 pct of Japan firms call for BOJ fresh stimulus this year, 49 pct see no need.
● Reuters Survey: 48 pct of Japan firms see no escape from deflation this year.
● U.S. economy on track to grow 0.7 pct in fourth quarter, up from +0.6 pct estimate Jan 15-Atlanta Fed's GDPnow Model.
● Barclays economists raise U.S. Q4 GDP view to 0.4 pct from 0.3 pct after U.S. Dec CPI data.
● Yaresko says expects Ukraine economy to grow in 2016; global slowdown may force review of original 2 pct growth f’cast.
● European Commission February growth forecasts for EU, euro zone to be largely unchanged –Moscovici.
● Italy Economy Minister Padoan says ECB bank oversight chief said on Wednesday there will be no intervention in Italian
banks.
● Hungary Econ minister believes good chance to receive an investment rating upgrade this year, before summer is an option.
● Kenya's central bank governor says sees current account deficit of below 8.5 pct in 2015 from 10.4 pct in 2014, to narrow
further in 2016.
Policy Watch
● Nordea Markets: US Fed is still believed to continue hiking, although the renewed slump in oil prices might delay the next
hike until mid-2016.
● Westpac: RBA to remain on hold for some time, but the RBNZ to ease again later this year after evidence of persistently low
inflation emerges.
● RBNZ to stand pat, with the first of two 25bps rate cuts this year to come in March- RBC Capital Markets.
● Bank of Canada will be on hold through the remainder of this year, but the risks of a cut in the near-term are still apprecia-
ble- RBC capital markets.
● Morgan Stanley: Lower inflation expectations could bring further RBNZ rate cuts back on the table too.
● Morgan Stanley: RMB real rates should come down as China’s authorities try to control the pace of de-leveraging.
● Reuters Survey- Hungary's benchmark rate seen flat through 2016, rising to 1.83 pct by end-2017.
● Reuters Survey- All 21 analysts say Hungarian central bank will keep main rate on hold at Jan 26 meeting.
Trade Views
● China central bank: Total social financing outstanding at end-2015 138.14 trln yuan.
● Westpac: Expected RBA vs RBNZ direction, plus strong M&A flow into the AUD, favors AUD/NZD upside over the next
few months to beyond 1.10.
● Westpac: Multi-month, we expect to see NZD/USD lower towards 0.62 as the divergent monetary policies of the fed and
RBNZ play out.
● Morgan Stanley: We expect a range-bound EUR over coming weeks as downward pressure from negative rates.
● Morgan Stanley: With the EU bringing more milk supply to market and a slowing Chinese economy, NZD looks vulnerable.
● Morgan Stanley: The outlook for AUD continues to deteriorate, with Australian terms of trade, capital expenditures and
housing all pointing downward.
● Survey- China yuan short positions fall slightly on PBOC stabilization efforts.
● Survey- India rupee bearish bets highest since august 2013 on equity outflows.
● Survey- S.Korea won short positions largest since late august on stock outflows.
● Survey-Taiwan dollar short positions near 5-month peak on elections, weak economy.
● Survey- Indonesia rupiah sentiment least pessimistic among Asia FX on bond inflows.
7. 7 www.econotimes.com
Hedging Perspectives
EUR/CAD seems to be edgy, deploy option strips for hedging and speculating
This Thursday ECB President Draghi faces a tough task curbing the appeal of the single currency. The euro jump in recent
trend is major due to the massive price drops in crude prices to $28 way below the ECB projections for 2016 ($52.2) and the
causing drop in inflation prospects present a stern encounter to the divided governing council opinions.
On the flip side, 25 bps cut is not completely factored in from CAD side, With an approximate 60% probability to this effect,
swings in Canada/US rate differentials could be key to USD/CAD testing 1.50 or retracing below 1.40 and EUR/CAD to
1.5425 levels.
Technically, we foresee more downside potential in EURCAD as bearish signals from leading oscillators (RSI & Slow Stoch
pops up overbought pressures) and "bearish gartley" formed on weekly charts, so the bulls seem to be exhausted at 1.5959
levels and claiming price dips from last two days, more slumps further are on cards. Hence, the next immediate targets south-
wards seen at 1.5425 levels.
Hold 2W At-The-Money 0.51 delta call and simultaneously hold 2 lots of 1M At-The-Money -0.48 delta put options. Huge
profits achievable with the strip strategy when EUR/CAD exchange rate makes a strong move either upwards or downwards
at expiration, with greater gains to be made with a downward move. The profitability can be maximized for every shift to-
wards downside and this is not the same on upside.
What makes ATM instrument more productive in our strategy: the delta of this instrument is here at its fastest rate and gets
faster as your position come closer to the expiration date. As a result, time decay may have a relevant impact on ATM options .
Please be informed that the trader can still make money even if his anticipation goes wrong - but the underlying pair has to
move in the opposite direction really fast. The 1 call bought has to beat the cost of buying all the options and still bring in
some profits.
9. 9 www.econotimes.com
Technical Analysis
EUR/USD trades in narrow range, markets await ECB meeting for further direction
● EUR/USD is trading in a very narrow range between 1.0800-1.1000 for the past 10 trading session. Markets await ECB
first policy meeting of this year 2016 for further direction.
● The ECB is expected to keep the policy measures unchanged at this meeting. The market expects ECB to maintains its in-
terest rates at 0.05%, the deposit rate facility at -0.30% and marginal lending rate at 0.30%.
● The central bank will also keep the asset purchase program unchanged at €60bn a month until 2017.
● ECB will likely to refrain from adding more easing this week but President Mario Draghi press conference which is to be
held after policy announcement will be watched closely for further easing in the future.
● Technically the pair is facing strong resistance around 1.1000 and break above will take the pair to next level
1.1060/1.1100 level.
● On the downside support is around 1.0800 and break below targets 1.0710/1.06700 level.
It is good to buyat dips around 1.0850 with SL around 1.07980 for theTPof 1.0975/1.1000
10. 10 www.econotimes.com
Trade Idea
We prefer to long EUR/CAD at dips
Major support- 1.5690 (trend line joining 1.4957 and 1.5360)
Trend reversal Level- 1.5660 (200 day HMA)
● The pair has taken support around 1.5705 and started to recover from that level .It is currently trading around 1.5780.
● Any break below 1.5690 will take the pair down till 1.5660/1.5600.
● On the higher major resistance is around 1.5850 and break above targets 1.5905/1.6000.
It is good to buyat dips around 1.5750-55 with SL around 1.5690 for theTPof 1.5845/1.5905
RESISTANCELEVELS SUPPORT LEVELS
R1- 1.5850 S1-1.5690
R2-1.5905 S2-1.5660
R3-1.6000 S3- 1.5600