USDCAD - BULLISH BIAS
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MARKET OUTLOOK
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USD - BULLISH
1️⃣ A turnaround in the global risk sentiment extended some support to the safe-haven greenback.
2️⃣ Rebounding US bond yields extended some support to the USD.
CAD - BEARISH
1️⃣ COVID-19 continues to rage across Canada with vaccinations very slow.
2️⃣ PM Trudeau said third wave has taken turn for worse.
3️⃣ Declining oil prices undermined the CAD.
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TECHNICAL
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- We are buying USDCAD on the support area on the M15. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
MARKET OUTLOOK
=====
USD - BULLISH
1️⃣ A turnaround in the global risk sentiment extended some support to the safe-haven greenback.
2️⃣ Rebounding US bond yields extended some support to the USD.
CAD - BEARISH
1️⃣ COVID-19 continues to rage across Canada with vaccinations very slow.
2️⃣ PM Trudeau said third wave has taken turn for worse.
3️⃣ Declining oil prices undermined the CAD.
=====
TECHNICAL
=====
- We are buying USDCAD on the support area on the M15. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Dagangan aktif
Dagangan ditutup: hentian tercapai
❌ TRADE HAS HIT STOP LOSS-20 PIPS
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.
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.