H4 price is on the primary bearish market condition located below Ichimoku cloud: the price is ranging within the following key reversal support/resistance levels: 1.4325 resistance located inside Ichimoku cloud on the border between the primary bearish and the primary bullish on intra-day chart, and1.3947 support located far below Ichimoku cloud in the bearish area. Absolute Strength indicator is estimating the ranging condition, and Trend Strength indicator is forecasting ...
Daily price is located above 200 day SMA (200 SMA) and 100 day SMA (100 SMA) for the primary bearish market condition with the secondary ranging between Fibo support level at 1.4001 and Fibo resistance level at 1.4689: Bearish support reversal level for daily timeframe is 1.3140 so if the price breaks this level - we can see the reversal of the price movement to the primary bearish market condition."Last week the Canadian Dollar reached its lowest level ever on this survey! ...
H4 price is on bullish market condition for the ranging within the following reversal levels: 1.4022 resistance level located above far Ichimoku cloud in the primary bullish area of the chart, and1.3836 support level located near the border between the primary ranging bearish and the primary bullish trend. Absolute Strength indicator is estimating the ranging condition to be continuing. The price is ranging within the following intermediate levels ...
2015-12-18 13:30 GMT | [CAD - CPI] past data is 0.1%forecast data is 0.1%actual data is -0.1% according to the latest press release if actual > forecast (or previous one) = good for currency (for CAD in our case) [CAD - CPI]= Change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out ...
Talking Points: -USD/CAD Technical Strategy: Stay With Trend Above 1.3456 -USD/CAD Has Been Pushed Higher As WTI Crude Oil Prints 6-Year Lows USD/CAD punched higher to new 11-year highs and looks poised to close in on the 2004 high of 1.3908. There is a lot of doubt surrounding the US Dollar going into December 16, the date the Federal Reserve is presumed to announce a rate hike and lay out the requirements for subsequent hikes. Though it may appear tempting to sell ...
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