Falling building permits in Canada bullish for USDCAD
ملخص التحليل الفني USD/CAD: شراء
| مؤشر | الحجم | الإشارة |
| RSI | محايد | |
| MACD | شراء | |
| Donchian Channel | شراء | |
| MA(200) | بيع | |
| Fractals | شراء | |
| Parabolic SAR | شراء |
تحليل الرسم البياني
On 1-hour timeframe USDCAD: H1 is retracing higher toward the 200-period moving average MA(200) which is starting to rise. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 1.4055. 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 1.4008. After placing the order, the stop loss is to be moved to the next fractal low, 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.
التحليل الأساسي لـ -
Building permits fell in Canada more than expected. Will the USDCAD rise?
Building permits fell in Canada more than expected in February: total number of building permits issued by Canadian municipalities decreased 7.3% in February, after 3.3% rise in January, when a 4�cline was forecast. This is bullish for USDCAD.