FxWirePro
做空

USD/CAD Short term outlook

FX:USDCAD   美元/加元
177 0 5
Canadian dollar             recovered sharply from 3-1/2 month low in previous week on higher oil             prices. USD/CAD             hits low of 1.27021 and is currently trading around 1.27677.

Bank of Canada governor Stephen Poloz maintained a neutral stance on interest rate hike and defended the use of inflation target. He also reiterated that Central bank will be cautious on further rate hike even if wage growth shown up.

Crude oil             soars almost 6% previous week on geo             political tensions in Saudi. Baker Hughes             has reported that number of rigs has fallen for the week almost 11 rigs highest in this year. Brent crude hits high of $64.62 and is currently at $63.31. But rising oil             prices is expected to support Canadian price.

Technically on the higher side near term resistance is around 1.2835 ( 61.8% retracement of 1.29167 and 1.27020) and any break above will take the pair to next level till 1.2900/1.2928 ( 50% retracement of 1.. Bullish continuation can be seen only above 1.2928.

The major support is around 1.2710 (23.6% retracement of 1.20613 and 1.29148) and any break below will drag the pair to next level till 1.2610 (100- day MA)/1.2520 ( 38.2% retracement of 1.2060 and 1.29167). Minor weakness can be seen only below 1.2600.

It is good to sell on rallies around 1.2825-1.2830 with SL around 1.2928 for the TP of 1.2605./1.2505.



ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
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 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出