Browsing all articles tagged with Data’s
Jul
5

USD/CAD D1 Technical July 05

USD/ CAD is trapped in a range of 1.0555 to 1.0450 level. Bollinger bands are not providing clear signals due to oversold of pair. Break of any level will confirm trend.

Price action on 1.0555 level should be watch. If pair manage to reached that level and H4 candle closure above 1.0555 then USD/CAD will continue its uppish trend.

But if pair fails to break its resistance level and H4 candle closer below 1.0555 level then it will show bears are incharge that will take pair towards 1.0450 level.

High impact Data’s can affect the pair. Data’s like Non-Farm Employment Change, Unemployment Rate, Employment Change, Ivey PMI.

Dec
4

USD/CAD D1 Technical December 04

Pair is still trapped in a range of 0.9965-0.9900. Break of any level will clear the trend.

High impact Data’s of CAD can give some moves to USD/CAD. Data’s like BOC Rate Statement and Overnight Rate.