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USDCAD DAILY ANALYSIS

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@asuquokelvin - 11 hours ago - Technical Analysis

USDCAD has been bullish after the CPI data yesterday although the data came out not really hawkish per say but was bullish so, from the analysis USDCAD will still break further to the upside, I marked the yesterday highs and lows, present day open , asian high and lows, will wait for a pullback during London session into the Asian box and trade the breakout

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@hipkin_mike - 11 hours ago

Nice analysis

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@sandy20 - 11 hours ago

why not just mark it with a box instead of using 4 lines?

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@asuquokelvin - 11 hours ago
Quoted - sandy20

why not just mark it with a box instead of using 4 lines?

Using a box will cover the whole chart so I rather use lines to represent the open and close of each sessions

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@asuquokelvin - 9 hours ago

Entered USDCAD buy having a bullish sentiment, price will go up further

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@asuquokelvin - 8 hours ago

Take profit target hit on this trade even before ppi

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@yokoyi - 7 hours ago
Quoted - asuquokelvin

Take profit target hit on this trade even before ppi

What was the PPi data?

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@asuquokelvin - 6 hours ago
Quoted - yokoyi

What was the PPi data?

Core PPI m/m actual data came out 0.4% against 0.5% as expected

PPI m/m was 1.1% against 0.7% as expected

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