USDCAD - Bearish Bias
USD - BEARISH
1️⃣ Renewed bets the Federal Reserve will not tight monetary policy anytime soon. Recent comments from several Fed officials helped to calm investors' worries over a jump in inflation and the need to pull back support.
CAD - BULLISH
1️⃣ Rising crude oil prices on the back of heightened hopes for a steady recovery in global energy demand continue to provide a boost to the commodity-related loonie.
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Technical
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We are looking to sell the USDCAD at SBR + below SMA50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Renewed bets the Federal Reserve will not tight monetary policy anytime soon. Recent comments from several Fed officials helped to calm investors' worries over a jump in inflation and the need to pull back support.
CAD - BULLISH
1️⃣ Rising crude oil prices on the back of heightened hopes for a steady recovery in global energy demand continue to provide a boost to the commodity-related loonie.
=====
Technical
=====
We are looking to sell the USDCAD at SBR + below SMA50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Trade ativo
PENDING ORDER TRIGGEREDTrade fechado: stop atingido
❌ TRADE HAS HIT SL-20 PIPS
Risk-off tone has boosted the safe-haven currencies.
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.
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.