TSX Expected to Kick Off Week with Bullish Tone

The TSX Composite Index is expected to open on a positive note, supported by strength in the basic materials and technology sectors.

This technical setup indicates that buyers remain in control of the broader market direction, with sustained trading above key support levels continuing to underpin positive momentum.

The Canadian dollar remains sensitive to both commodity prices and the direction of the U.S. dollar, with strength in crude oil and precious metals potentially providing support for the loonie.