Trading Plans Pre Canada CPI Data

2024年6月25日

Before Canadian CPI comes out we can assess the current technical and fundamental standing of various counterparts. CPI data is important as it gives a larger indication of where Central Banks will sit on the next decisions they make about rates.

CAD has lost value VS other currencies for a considerable amount of time as they have taken a dovish approach in a quicker format.

This has dragged various CAD pairs to new areas of entry/exit, which we can look at now.

GPBCAD, EURCAD, USDCAD all shown.

2024年6月25日

註釋

Longs entries ideal post news.

2024年6月26日

註釋

USDCAD Re-shorts ideal.

2024年6月28日

註釋

CAD Pairs entering light short territory/Profit taking.