#USDCAD
USDCAD is going up quite a bit right now. The reason is that the OIL is slightly DOWN. Also, MARKETS RISK has been OFF again. And the US CPI data was very good. So now USD has become very STRONG. US RETAIL SALES DATA was also very POSITIVE. Because of that, yesterday's FOMC MEETING caused a 75bps rate hike. SENTIMENT related to USD became STRONG in recent days. But now with good DEMAND for US YEILD, USD is moving UP. Due to this reason, STOCKS can continue to move DOWN SIDE if the USD goes up like this in the coming days.
Right now, the UP SIDE is being BUY very well because the USDCAD MARKET is US DATA and UPDATES POSITIVE. We think it will go up to the 1.4049 level before going down again with the market risk off sentiment.
Somehow USDCAD will likely SELL up to 1.3155 LEVEL. We wait until the DOWNSIDE TREND CONTINUES. FOLLOW THE STRUCTURE GIVEN.
USDCAD is going up quite a bit right now. The reason is that the OIL is slightly DOWN. Also, MARKETS RISK has been OFF again. And the US CPI data was very good. So now USD has become very STRONG. US RETAIL SALES DATA was also very POSITIVE. Because of that, yesterday's FOMC MEETING caused a 75bps rate hike. SENTIMENT related to USD became STRONG in recent days. But now with good DEMAND for US YEILD, USD is moving UP. Due to this reason, STOCKS can continue to move DOWN SIDE if the USD goes up like this in the coming days.
Right now, the UP SIDE is being BUY very well because the USDCAD MARKET is US DATA and UPDATES POSITIVE. We think it will go up to the 1.4049 level before going down again with the market risk off sentiment.
Somehow USDCAD will likely SELL up to 1.3155 LEVEL. We wait until the DOWNSIDE TREND CONTINUES. FOLLOW THE STRUCTURE GIVEN.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。