USDCAD LONG expected - ADP Forecast + Oil Potential SPR Release

7. Okt. 2021

Hello Traders

Here is a new Buy Opportunity

💹USD/CAD - BUY STOP

✅ Entry @26.050 or above

✅TP-1# 26.200
✅TP-2# 26.500
✅TP-3# 27.000

✅SL# 25.400


My Forecast : This Pair Will go up LONG

USDCAD LONG expected - ADP Forecast + Oil Potential SPR Release

Tomorow Friday NFP Release : Forecast 750K - Previous 235K
Source : investing.com/economic-calendar/nonfarm-payrolls-227

Crude Oil Bears Take Control on Inventory Build, Potential Strategic Petroleum Reserve (SPR) Release
Source : dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/10/07/Crude-Oil-Forecast-Bears-Take-Control-on-Inventory-Build-Potential-SPR-Release.html

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7. Okt. 2021

Anmerkung

Hello Traders
I wanted to say NFP Release and not ADP

Good Luck

8. Okt. 2021

Anmerkung

Hello Traders
We can forget about SPR Release
But we still wait for NFP 500K consensus Versus 235K (12:30 GMT)

If the numbers are good, Fed will talk about Tapering in november (And help us dollar to get higher maybe)

Good Luck

8. Okt. 2021

Anmerkung

Hello Traders
NFP is at 12:30 GMT
Normally it should go down around 25.000 and then go up
Buy only at specific entry otherwise it is invalid

Good Luck

8. Okt. 2021

Anmerkung

Hello Traders
Nonfarm Payrolls are bad 194K VS 500K consensus

#USD Will Fall

This chart is invalidated