简体中文
ภาษาไทย
繁體中文
Indonesia
United States and Canada: high volatility downward
2022-07-19
1306
Fundamental analysis:
The USD / Canadian dollar remained volatile around 1.29712, and the Canadian dollar was supported by the strongest fundamentals in G10, which should continue to support the Canadian dollar in the coming months.
USD CAD - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the short-term momentum remained volatile, and the downward trend was good. The short-term low was supported by the short-term recovery, but the downward trend remained. The short-term continued to move downward. The MACD index hovered below the 0 axis, and the RSI index was under the 50 equilibrium line;
Turning point of long and short: 1.29854
Pressing position: 1.30213, 1.30577
Support position: 1.29363, 1.28986
Trading strategy: bearish below 1.29854, target 1.29363, 1.28986
Alternative strategies: bullish above 1.29854, targets 1.30213, 1.30577
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
