Energyfxcue.com

(fxcue news) - The Canadian market closed on a firm note on Monday, lifted by gains in energy and materials stocks as commodity prices climbed higher amid an escalation in the Russia - Ukraine war. The benchmark S&P/TSX Composite Index, which climbed to 25,082.87, ended with gain of 86.26 points or 0.35% at 24,976.94. The Materials Capped Index climbed 2.84%, and the Energy Capped Index moved up 1%. Consumer staples stocks closed weak. Pan American Silver Corp (PAAS.TO) rallied 5.5%. Endeavour Mining Plc (EDV.TO), Lundin Gold (LUG.TO), Torex Gold Resources (TXG.TO), Cameco Corporation (CCO.TO), Agnico Eagle Mines (AEM.TO), Franco-Nevada Corporation (FNV.TO), Wheaton Precious Metals (WPM.TO) and Newmont Corporation (NGT.TO) gained 3 to 4.5%. Methanex Corporation (MX.TO), Capital Power Corporation (CPX.TO), Stella-Jones (SJ.TO), Teck Resources (TECK.B.TO), Bank of Nova Scotia (BNS.TO), Sprott Inc (SII.TO), TerraVest Industries (TVK.TO), Bombardier Inc (BBD.B.TO), GFL Environmental (GFL.TO) and Celestia Inc (CLS.TO), Restaurant Brands International (QSR.TO) and CGI Inc (GIB.A.TO) closed up 1.5 to 3%. Mattr Corp (MATR.TO), Boralex Inc. (BLX.TO), Shopify Inc (SHOP.TO), Open Text Corporation (OTEX.TO), Quebecor Inc (QBR.B.TO), Loblaw Companies (L.TO), Nutrien (NTR.TO), George Weston (WN.TO), Onex Corporation (ONEX.TO) and Linamar Corporation (LNR.TO) were among the notable losers. On the economic front, data from Canada Mortgage & Housing Corporation showed housing starts in Canada increased by 7.8% month-over-month to 240,761 units in October, the highest level in three months.

Energy

Asian Shares Mixed; Nikkei Underperforms After BoJ Ueda's Comments

Japan Core Machinery Order Data Due On Monday

Dollar Slips Against Major Counterparts

Canadian Market Modestly Higher

Yen Rises Against Majors

Dollar Turns In Mixed Performance Against Major Counterparts

Energy

BoJ Chief Says Future Rate Decisions Will Be Data Dependent

Please sign in

Trader

I took a two-day break and continued trading. Today, all gold purchases were profitable.

Make two gold trades and make a profit.

Gold operation strategy: sell under pressure 2600, stop loss 2597, target 2580;

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Tags

Energy

Asian Shares Mixed; Nikkei Underperforms After BoJ Ueda's Comments

Japan Core Machinery Order Data Due On Monday

Dollar Slips Against Major Counterparts

Canadian Market Modestly Higher

Yen Rises Against Majors

Dollar Turns In Mixed Performance Against Major Counterparts

Energy

BoJ Chief Says Future Rate Decisions Will Be Data Dependent

Please sign in

Trader

I took a two-day break and continued trading. Today, all gold purchases were profitable.

Make two gold trades and make a profit.

Gold operation strategy: sell under pressure 2600, stop loss 2597, target 2580;

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Tags

关注我们的公众号