Bearish Sentiment for USDCAD 1.41406 is 61.8 Fibo Support level. next Support will be at 1.40106.
הערה
The last retest is done today...It will shoot up very soon now...I hope you have entered at 1.40770. NEXT week Oil is expected to drop further hence CAD will become weak. That will boost the USDCAD into a huge buy.
הערה
Bearish and Bullish Scenario on USDCAD
Bearish 1. Possible end of Oil war between Saudis and Russians. 2. Oil prices rise. 3. USD weakness
Bullish 1. Oil prices go further down. 2.USD strength.
הערה
CAD strength scenario played in yesterday as OIL prices spiked to 24$. Hence USDCAD went bearish for a short while. But this is a short term sentiment traders. Since USD strength will soon kick in push USDCAD into another buy.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.