FOLLOW UP CHART- Almost reached the target but the price reverse
Feel free to check my USD/CAD history analysis and updates by clicking the small arrow/dot in the chart.
Currently, it looks like a bearish continuation. Please don't trade this analysis blindly because this price is a terrible price to enter a short position, find a good entry on the lower time frame.
I sent this chart below to my clients. Here's our recent trade on June 8, 2020. It was a GREAT trade.
Catalyst: CAD CPI, CAD Core retail sales and Powell
Currently, it looks like a bearish continuation. Please don't trade this analysis blindly because this price is a terrible price to enter a short position, find a good entry on the lower time frame.
I sent this chart below to my clients. Here's our recent trade on June 8, 2020. It was a GREAT trade.
Catalyst: CAD CPI, CAD Core retail sales and Powell
Trade active
USD Core Retail Sales m/m 12.4%USD Retail Sales m/m 17.7%
Trade active
US Jobless Claims 1508KNote
US CB Index 2.8%Note
Fed's Powell says economy's path ahead likely to be challenging - Source ReutersTrade active
Just in: US Jobless claims 1480K
Final GDP -5.0%
Durable goods order 15.8%
Core Durable Goods Orders 4.4%
Note
U.S. Federal Reserve Announces It Will Cap Dividend Payments And Bar Share Repurchases In the Third Quarter For 34 Largest Banks - Source LiveSquawkTrade active
Just in:USD
Core PCE Price Index m/m 0.1%
Personal Spending m/m 8.2%
Trade active
Trade active
Just in:USD
Average Hourly Earnings m/m -1.2%
Non-Farm Employment Change 4800k
Jobless rate 11.1%
Jobless claims 1427k
Trade active
Just in:USD
Final Services PMI 47.9
ISM PMI 57.1
Upgrade Your Trading Station with Gold Cartel
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Upgrade Your Trading Station with Gold Cartel
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.