简体中文
ภาษาไทย
繁體中文
Indonesia
The central bank raised interest rates as scheduled, and the dollar gradually stopped falling against the Canadian dollar
2022-06-02
783
Fundamental analysis:
The Bank of Canada announced a new deal, raising interest rates by 50 basis points as scheduled, aiming to control inflation and avoid uncontrolled price rises. As of press time, the US dollar rose 18 points to 1.2641 against the Canadian dollar, with a cumulative fluctuation of 35 points.
USD / CAD daily chart:
Technical analysis: the daily moving average is arranged in a short position, the exchange rate starts to stop falling, MACD runs under the 0 axis and the volume can be increased slightly, RSI weakens slowly, and it is expected that the short-term exchange rate probability will further decline after the rebound.
Multi empty turning point: 1.2750
Resistance level: 1.2890 1.3030
Support position: 1.2630 1.2480
Trading strategy: below 1.2750, bearish, with target prices of 1.2630 and 1.2480
Alternative strategy: above 1.2750, bullish, with target prices of 1.2890 and 1.3030
The above analysis is a personal point of view and is for reference only.
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
