USDCAD - OIL , U.S ECONOMIC DATA WITH TECHNICAL LEVELS
- Some of the most important data for USD will be released this week. Among them,
JOLTS job openings, CB consumer confidence, ADP - non farm employment change, FINAL GDP q / q, crude oil inventories, Core pce price index, ism manufacturing index, NFP are the most important DATA.
- The OPEC MEETING is scheduled for this week. Also important indicator data for CAD are GDP, MANUFACTURING PMI.
- DXY is currently at 99.12 LEVEL. Also the CAD FEATURE stays at 0.8002 RESISTANCE LEVEL. The USDCAD PRICE has gone below the DYNAMIC S / R LEVELS. Most likely USDCAD 1.2415 will be BUY.
- Currently we see the OVERALL MARKET RISK OFF. Also STOKES are getting RED. VIX UP is becoming. Also COMMODITIES are starting to DOWN right now.
- OIL PRICE is currently down a bit. It will inevitably affect CAD. In that case USDCAD can go to the BUY a little faster by BREAK the TREND LINE.
- USDCAD PRICE can go to 1.2415 LEVEL before UP. Then you can break the trend line and UP to 1.2656 LEVEL. The USD could be a bit STRONG today due to the MARKET SENTIMENT.
JOLTS job openings, CB consumer confidence, ADP - non farm employment change, FINAL GDP q / q, crude oil inventories, Core pce price index, ism manufacturing index, NFP are the most important DATA.
- The OPEC MEETING is scheduled for this week. Also important indicator data for CAD are GDP, MANUFACTURING PMI.
- DXY is currently at 99.12 LEVEL. Also the CAD FEATURE stays at 0.8002 RESISTANCE LEVEL. The USDCAD PRICE has gone below the DYNAMIC S / R LEVELS. Most likely USDCAD 1.2415 will be BUY.
- Currently we see the OVERALL MARKET RISK OFF. Also STOKES are getting RED. VIX UP is becoming. Also COMMODITIES are starting to DOWN right now.
- OIL PRICE is currently down a bit. It will inevitably affect CAD. In that case USDCAD can go to the BUY a little faster by BREAK the TREND LINE.
- USDCAD PRICE can go to 1.2415 LEVEL before UP. Then you can break the trend line and UP to 1.2656 LEVEL. The USD could be a bit STRONG today due to the MARKET SENTIMENT.