Currency Pair: USD/CAD
Timeframe: H1
Date/Time of Signal: 27th December 2019 / 1350hrs (SGT)
Review:
The Canadian GDP m/m data was worse than expected, some of it was partly because of a U.S. auto strike that hit the Canadian manufacturing companies. However, it is expected that the impact to the Canadian auto manufacturing due to the strikes should be reversed very soon.
With definitive progress on the US-China trade deal and the Dec OPEC/OPEC+ agreement to constrain supply supports the idea for a stronger Canadian Dollar.
USD/CAD has been on a downward trend, trade signaled to sell USD/CAD (Entry: 1.3106) with 3 Take Profit (TP) Targets (TP1: 1.3086, TP2: 1.3066, TP3: 1.3046) and Stop Loss (SL) at 1.3136.
Timeframe: H1
Date/Time of Signal: 27th December 2019 / 1350hrs (SGT)
Review:
The Canadian GDP m/m data was worse than expected, some of it was partly because of a U.S. auto strike that hit the Canadian manufacturing companies. However, it is expected that the impact to the Canadian auto manufacturing due to the strikes should be reversed very soon.
With definitive progress on the US-China trade deal and the Dec OPEC/OPEC+ agreement to constrain supply supports the idea for a stronger Canadian Dollar.
USD/CAD has been on a downward trend, trade signaled to sell USD/CAD (Entry: 1.3106) with 3 Take Profit (TP) Targets (TP1: 1.3086, TP2: 1.3066, TP3: 1.3046) and Stop Loss (SL) at 1.3136.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。