USDCAD Price Outlook
Economic news is expected to be the main mover of USDCAD in the coming week.There are five Canadian events in the upcoming week, including tier-1 employment releases.
IMPORTANT ECONOMIC EVENTS:
Manufacturing PMI
Raw Materials Price Index
Trade Balance
Ivey PMI
Employment Report
LOOKING FOWARD:
The US dollar is expected to remain under pressure, with possible reversals, with the US runoff election in Georgia on Tuesday. The results will determine which party will control the US Senate.
TODAY RESISTANCE:
Very simple targets of previous lows.
Target 1 - 1.2714
Target 2 - 1.26948
IMPORTANT ECONOMIC EVENTS:
Manufacturing PMI
Raw Materials Price Index
Trade Balance
Ivey PMI
Employment Report
LOOKING FOWARD:
The US dollar is expected to remain under pressure, with possible reversals, with the US runoff election in Georgia on Tuesday. The results will determine which party will control the US Senate.
TODAY RESISTANCE:
Very simple targets of previous lows.
Target 1 - 1.2714
Target 2 - 1.26948
Nota
TARGET 1 HITStops adjusted to protect profit. No risk on if the trade is stopped from here.
..... on to TARGET 2
Nota
TARGET 2 HITAll profits banked before the news.
Trade chiuso: obiettivo raggiunto
Extended Daily trend profits on the chart for those still managing the trade profits.
Pubblicazioni correlate
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.