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 fechado: objetivo atingido
Extended Daily trend profits on the chart for those still managing the trade profits.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.