简体中文
ภาษาไทย
繁體中文
Indonesia
USDCAD: Move high position sorting up
2022-10-11
1105
Fundamental analysis:
The US dollar remained volatile against the Canadian dollar at 1.37768. Mary Ng, Minister of International Trade, Export Promotion, Small Enterprises and Economic Development of Canada, said that Canada's exports to the member countries of the Comprehensive and Progressive Agreement for Trans Pacific exceeded its exports to other countries.
USD CAD - 4-hour K line chart shows:
Technical analysis:
The 4-hour chart shows that the bulls' momentum keeps moving up slowly, and in the short term, the bulls continue to move upward. The MACD index stays in the bulls' area and maintains a narrow range of consolidation and translation, while the RSI index stays in the 50 balanced online weak side;
Empty turning point: 1.37610
Pressing: 1.38139, 1.38506
Support: 1.37215, 1.36896
Trading strategy: bullish above 1.37610, target 1.38139, 1.38506
Alternative strategy: bearish under 1.37610, target 1.37215, 1.36896
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
