Overall, USD/CAD is ranging across. Recently, USD/CAD bounced up from the key level of 1.27.
The Canadian Housing Starts data (Actual: 231K, Forecast: 253K, Previous: 238K revised from 236K) released yesterday indicated that new residential building that began construction continues to increase in January.
The Canadian CPI m/m data (Forecast: 0.6%, Previous: -0.1%) will be released later at 2130 (GMT+8).
Bank of Canada committee member Lane will be speaking tomorrow at 0230 (GMT+8). During this time, there may be volatility in CAD.
USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200.
Look for short-term buying opportunities of USD/CAD.
The Canadian Housing Starts data (Actual: 231K, Forecast: 253K, Previous: 238K revised from 236K) released yesterday indicated that new residential building that began construction continues to increase in January.
The Canadian CPI m/m data (Forecast: 0.6%, Previous: -0.1%) will be released later at 2130 (GMT+8).
Bank of Canada committee member Lane will be speaking tomorrow at 0230 (GMT+8). During this time, there may be volatility in CAD.
USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200.
Look for short-term buying opportunities of USD/CAD.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.