USD CAD Analisi Tecnica | USD CAD Trading: 2024-04-16 | IFCM Italy
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USD CAD Analisi Tecnica - USD CAD Trading: 2024-04-16

USD CAD Technical Analysis Summary

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Forte Di VendereSellNeutroBuyForte Acquistare

Sopra 1.3813

Buy Stop

Sotto 1.3724

Stop Loss

Ara Zohrabian
Senior Analytical Expert
Articoli 2473
IndicatorSignal
RSI Neutro
MACD Neutro
Donchian Channel Buy
MA(200) Buy
Fractals Buy
Parabolic SAR Buy

USD CAD Chart Analysis

USD CAD Chart Analysis

USD CAD Analisi Tecnica

The technical analysis of the USDCAD price chart on 4-hour timeframe shows USDCAD, H4 is rising after returning above the 200-period moving average MA(200) which is tilted up. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 1.3813. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 1.3724. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Analisi Fondamentale Forex - USD CAD

Canada’s wholesale sales didn’t change in February. Will the USDCAD price continue rebounding?

Canada’s wholesale sales didn’t change in February: Statistics Canada reported wholesale sales remained unchanged in February after 0.2% decline over month in January when an 0.8% increase was expected. Wholesale sales is a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase. Stagnant Canadian wholesale sales is bearish for Canadian dollar and bullish for USDCAD currency pair.

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Note:
Questa panormaica è di carattere informativo-educativo e viene pubblicata gratuitamente. Tutti i dati compresi nella panoramica sono ottenuti da fonti pubbliche conosciute più o meno affidabili. Inoltre non c'è alcuna garanzia che le informazioni fornite siano precise e complete. Le panoramiche non vengono aggiornate. Tutta l'informazione in ciascuna panoramica, compresi indicatori, opinioni, grafici e o quant'altro, è fornita a scopo conoscitivo e non è un consiglio finanziario. Tutto il testo e qualsiasi delle sue parti, e anche i grafici non possono essere considerati un'offerta per effettuare un'operazione con un qualsiasi asset. IFC Markets e i suoi impiegati in alcun caso non sono responsabili per qualsiasi azione intrapresa sulla base delle informazioni contenute.

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