Warunki handlowe
Narzędzia
The NAFTA trade agreement between the US and Mexico gives rise to mixed feelings for CAD, but USD / CAD is still lower. Mexico wants to join Canada and continue NAFTA, but President Trump is sniffling, so the market is waiting for discounting this news. Despite this, the weakness of USD helped in the violation of the upward trend line pulled from February and the average 100-session. Fundamentally, the president of BoC Poloz during a speech in Jackson Hole over the weekend did not give grounds to bet interest rate hike in September and October remains a more realistic date. It looks like even an impressive GDP reading on Thursday could change the market expectations, but it may be enough to pull the USD / CAD lower.
Let's now take a look at the USD/CAD technical picture at the H4 time frame. From a technical point of view, the road is open to 1.28, where the bottom band of the short-term channel and the end of May lows meet. From the side of potential impulses, the tripartite trade agreement would remove the uncertainty factor and strengthen CAD. The nearest technical support is seen at the level of 1.28 and the nearest technical resistance is seen at the level of 1.3000.
Dzięki analizom InstaForex zawsze będziesz na bieżące z trendami rynkowymi! Zarejestruj się w InstaForex i uzyskaj dostęp do jeszcze większej liczby bezpłatnych usług dla zyskownego handlu.
Możemy używać plików cookies do analizowania danych odwiedzających, ulepszania naszej strony internetowej i pomiaru wydajności reklam. Dane te są wykorzystywane w celu zapewnienia lepszej obsługi naszej strony internetowej. Więcej informacji.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.