Sforex
Short

Loonie: Thank to Employment report. SELL USDCAD.

FX:USDCAD   US-Dollar / Kanadischer Dollar
102 1 2
Thank to Canada Employment report. The number beat the forecast and is printed at 40.6K while Unemployment Rate fall 2bp to 7.1%
Loonie immediately gains support and rally across the board, WTI quickly react and goes up $2.60
Next week, BOC             Meeting is the central focus regarding to Loonie.
With recent uptick of economic data, 100% BOC             will shift the stance to neutral or probably neutral hawkish.
BUY Loonie ahead the meeting is absolutely a good choice. I surely follow the trend.
With Technical Analysis:
1.3150 is a good resistance where we can place stop loss there.
Strong support : Floor of this pair : 1.2840 , but I don't this this floor could hold USDCAD             next week. I expect U/C would pierce this support.
Next support if 1.2840 can't hold Loonie is 1.2570
RSI indicator pulls back from the benchmark :50 : signal the downtrend is still valid.
In short, I recommend SELL USDCAD             next week through support 1.2840


--------------------------

FB0.25% page: https://goo.gl/Rewx6G
Please visit my website: http://www.trackingforexsignals.com
New Update: Version 1.2.1
New Feature:
- New plan: FREE 1 Month. Hurry: 1 month is totally fee.
- More than 100 signal providers an more than 200 positions.
- New payment method: Bitcoin             .
- Data Connection: Our unique feature which helps to forecast incoming data base on previous data. No side has such feature: Only in trackingforexsignals.
I was waiting for a b/o from the channel.But job data derailed it.!
Antworten
Deutschland
United States
United Kingdom
India
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Bitte um Kennzeichnung Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Priorität-Unterstützung Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden