Canada will release CPI and Core Retail Sales data on October 19 at 15:30 MT time. Both indicators are highly important. As a result, they will affect the Canadian market a lot.
Tag - cad - canadian dollar
On the daily chart of USD/CAD, the pair is reaching targets of the “Wolfe waves” pattern.
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On the daily chart of USD/CAD, bulls continue implementing the “Wolfe waves” pattern and are going to implement the “Shark” patterns.
Do you want to get clues on the upcoming economic events? Do you want to know what market moves to expect? FBS analyst Darya Bobrova will go through this week’s economic calendar and explain technical setups for EUR/USD, GBP/USD, USD/JPY, and other key…
On the daily chart, USD/CAD formed a “Broadening wedge”. A break of the upper border of the downtrend channel will increase the odds of a “Shark” pattern with targets at 88.6% and 113%.
Daily trading plan
Daily trading plan for GBP/USD, EUR/USD, USD/CAD
Canada and the US reached the final decision on the NAFTA deal on Sunday…
Recent tensions between the US and Canada about the North American free trade agreement (NAFTA) renegotiations as well as Brexit uncertainties brought weakness to the Canadian and British currencies…