After macroeconomic data releases from the U.S. and Canada lifted the USD/CAD pair to a fresh 19-month high at 1.3563. Pair trending in strong uptrend and falling crude oil have major contribution in Canadian economic data ABOVE 1.3600 TGT 1.3645-1.3675
Berjaya Corporation Bhd after forming double bottom around 0.260 consolidate in price band of 0.270-0.290.
On first time stock breaks and made high 0.290 with volume surge.
Stock can rise till 0.300-0.315 with support comes at 0.260 on closing basis
Silver spot near breaking of resistance 14.80 can rise till 14.90 and above 15 also possible .
After long time consolidation takes place in silver and now it signaling breakout and taking support around 14.40
Stock Haw Par (H02.SI) Singapore listed stock trading below 55 days MA.
Macd indicator also signals below zero line which is also negative.
After break of major support 12.30 stock to level of 12.10 and 12.00
AXIATA BHD stock can rise in wedge pattern if level of 3.60 hold it can rise 3.95.
Momentum indicator also rising after sell off in stock from level of 4.79 to 3.20.
Below 3.60 can retest lower trend line support.
As per chart Brent crude can side further. On 4 hour chart it is trading and forming triangle like pattern.
Our expectation is that can slide till 58.70.
Momentum Indicator RSI trade side ways around mid level of 50.
Price action wise larger bearish candle can also suggest traders involvement going downside.