Increasing Canadian retail sales bearish for USDCAD
ملخص التحليل الفني USD/CAD: بيع
مؤشر | الحجم | الإشارة |
RSI | محايد | |
MACD | شراء | |
Donchian Channel | بيع | |
MA(200) | بيع | |
Fractals | بيع | |
Parabolic SAR | شراء |
تحليل الرسم البياني
On 1-hour timeframe USDCAD: H1 is declining under the 200-period moving average MA(200) which is falling. We believe the bearish movement will continue after the price breaches below the lower bound of the Donchian channel at 1.3370. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 1.3413. After placing the order, the stop loss is to be moved to the next fractal high, 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 -
Canada’s retail sales rose in May. Will the USDCAD continue falling?
Canada’s retail sales rose in May: retail sales surplus rose 18.7% over month in May after 25% drop in April. This is bearish for USDCAD.