USDCAD CPI Day Analysis:
Today Canada will release CPI (Consumer Price Index):
CPI m/m forecast: 0.0% (prev. 0.3%)
Median CPI y/y: 3.1% (prev. 3.1%)
Trimmed CPI y/y: 3.0% (prev. 3.0%)
📌 If CPI prints higher than expected → CAD strengthens → USDCAD bearish continuation.
📌 If CPI prints weaker → CAD weakens → USDCAD may spike higher.
🔎 Technical Setup
Resistance levels: 1.3760 & 1.3780 (Short zone)
Stop-loss: Above resistance zone
Targets:
🎯 TP1 → 1.3740
🎯 TP2 → 1.3720
Trend remains bearish while below 1.3780, supported by USD weakness.
✅ Trading Plan
I am looking for short opportunities near 1.3760 – 1.3780 with tight risk management.
Fundamentals + Technicals both favor CAD strength if CPI comes strong.
⚠️ Reminder: Always use proper risk management. This is my personal analysis, not financial advice.
💬 If you find this helpful, like, comment, and share to support my work.
Regards: Forex Insights Pro.
#USDCAD #CPI #Forex #PriceAction #TradingPlan #CanadianDollar #FXMarket #TechnicalAnalysis #Fundamentals
Today Canada will release CPI (Consumer Price Index):
CPI m/m forecast: 0.0% (prev. 0.3%)
Median CPI y/y: 3.1% (prev. 3.1%)
Trimmed CPI y/y: 3.0% (prev. 3.0%)
📌 If CPI prints higher than expected → CAD strengthens → USDCAD bearish continuation.
📌 If CPI prints weaker → CAD weakens → USDCAD may spike higher.
🔎 Technical Setup
Resistance levels: 1.3760 & 1.3780 (Short zone)
Stop-loss: Above resistance zone
Targets:
🎯 TP1 → 1.3740
🎯 TP2 → 1.3720
Trend remains bearish while below 1.3780, supported by USD weakness.
✅ Trading Plan
I am looking for short opportunities near 1.3760 – 1.3780 with tight risk management.
Fundamentals + Technicals both favor CAD strength if CPI comes strong.
⚠️ Reminder: Always use proper risk management. This is my personal analysis, not financial advice.
💬 If you find this helpful, like, comment, and share to support my work.
Regards: Forex Insights Pro.
#USDCAD #CPI #Forex #PriceAction #TradingPlan #CanadianDollar #FXMarket #TechnicalAnalysis #Fundamentals
join our free signal channel t.me/ForexGoldpips81
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
join our free signal channel t.me/ForexGoldpips81
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.