ICmarkets
做空

Our view on the USD/CAD right now...

FX:USDCAD   美元/加元
During the course of Wednesday’s segment, the USD/CAD             popped to a high of 1.2789. Why would H4 price not continue north and shake hands with the 1.28 boundary? Well, over on the weekly timeframe , the 1.2778 band represents a sturdy weekly resistance level! As a matter of fact, the desk highlighted the 1.28 boundary and 1.2778 as a potential sell zone yesterday. Though, we did advise waiting for a full or near-full-bodied bearish H4 candle to form, since psychological levels are prone to fakeouts. The downside to a short from this neighborhood, however, is the nearby daily trendline support etched from the low 1.2061.

Suggestions: If you’re also looking to short this market, the only logical approach that we see right now is to simply wait for the sellers to prove themselves. What we mean by this is wait and see if H4 price can close below the daily trendline support before initiating a short position.

Data points to consider: US unemployment claims, Import prices m/m and Philly Fed manufacturing index at 1.30pm; Industrial production m/m and capacity utilization rate at 2.15pm; FOMC member Kaplan speaks (timing tentative); FOMC member Brainard speaks at 8.45pm; Canadian manufacturing sales m/m at 1.30pm GMT             .

简体中文
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出