Hello Traders!
On the chart you can see my analysis of USDCAD pair...
…in my opinion 1.29930-1.31460 price zone should be considered as an opportunity to open long position, as this is the zone where buyers might show some demand interest.
Fundamentally speaking, yesterdays GDP numbers from China were worse than expected, risk-off on the equity markets and uncertainty regarding global oil demand should put some pressure on CAD against the greenback.
The first take-profit target can be around 1.33320 price.
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Don't forget to follow your personal risk-management rules before opening position.
//
Make sure you follow me for more upcoming ideas and feel free to share your opinion via comment.
If you agree with my analysis support my work by hitting like.)
//
More info: link in bio ;)
Contact me if you have any questions.
//
Risk disclaimer:
This is not an investment advice and you should carefully consider whether trading is right for you in light of your particular circumstances and financial resources.
On the chart you can see my analysis of USDCAD pair...
…in my opinion 1.29930-1.31460 price zone should be considered as an opportunity to open long position, as this is the zone where buyers might show some demand interest.
Fundamentally speaking, yesterdays GDP numbers from China were worse than expected, risk-off on the equity markets and uncertainty regarding global oil demand should put some pressure on CAD against the greenback.
The first take-profit target can be around 1.33320 price.
//
Don't forget to follow your personal risk-management rules before opening position.
//
Make sure you follow me for more upcoming ideas and feel free to share your opinion via comment.
If you agree with my analysis support my work by hitting like.)
//
More info: link in bio ;)
Contact me if you have any questions.
//
Risk disclaimer:
This is not an investment advice and you should carefully consider whether trading is right for you in light of your particular circumstances and financial resources.
トレード終了: 利益確定目標に到達
Congrats!
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。