Forecast and levels for CAD - page 10

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Sergey Golubev, 2019.04.10 16:09

Intra-Day Fundamentals - USD/CAD, USD/JPY and Dow Jones: United States Consumer Price Index (CPI)

2019-04-10 13:30 GMT | [USD - CPI]

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - CPI] = Change in the price of goods and services purchased by consumers.

==========

From official report :

  • "The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in March on a seasonally adjusted basis after rising 0.2 percent in February,  the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.9 percent before seasonal adjustment."

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USD/CAD: range price movement by United States Consumer Price Index news event 

USD/CAD: range price movement by United States Consumer Price Index news event

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USD/JPY: range price movement by United States Consumer Price Index news event 

USD/JPY: range price movement by United States Consumer Price Index news event

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Dow Jones: range price movement by United States Consumer Price Index news event 

Dow Jones: range price movement by United States Consumer Price Index news event

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Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

==========

Same systems for MT4/MT5:

The beginning

  1. ASCTrend system, the beginning, part #1
  2. ASCTrend system, the beginning, part #2
  3. ASCTrend system, the beginning, part #3
  4. ASCTrend system, the beginning, part #4 
  5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
  6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

After 

  1. The main AscTrend thread is this one.
  2. Asctrend indicator in depth 
  3. ASCTREND SYSTEM summary (good EAs included) 
  4. Brainwashing system/AscTrend system (MT5) - the thread 


 

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Sergey Golubev, 2019.04.17 15:16

USD/CAD Intra-Day Fundamentals: Canada Trade Balance and range price movement 

2019-04-17 12:30 GMT | [CAD - Trade Balance]

  • past data is -3.1B
  • forecast data is -3.5B
  • actual data is -2.9B according to the latest press release

if actual > forecast (or previous good for currency (for CAD in our case)

[CAD - Trade Balance] = Difference in value between imported and exported goods during the reported month.

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From official report :

  • "Canada's imports declined 1.6% in February, led by lower imports of gold. Exports were down 1.3% on lower exports of non-energy products. As a result, Canada's merchandise trade deficit with the world narrowed slightly, from $3.1 billion in January to $2.9 billion in February."

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USD/CAD: range price movement by Canada Trade Balance news event 

USD/CAD: range price movement by Canada Trade Balance news event

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Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

==========

Same systems for MT4/MT5:

The beginning

  1. ASCTrend system, the beginning, part #1
  2. ASCTrend system, the beginning, part #2
  3. ASCTrend system, the beginning, part #3
  4. ASCTrend system, the beginning, part #4 
  5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
  6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread 

After


 

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Sergey Golubev, 2019.05.28 17:02

Intra-Day Fundamentals - Dollar Index, USD/CAD and GOLD: CB Consumer Confidence

2019-05-28 14:00 GMT | [USD - CB Consumer Confidence]

  • past data is 129.2
  • forecast data is 130.1
  • actual data is 134.1 according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - CB Consumer Confidence] = Level of a composite index based on surveyed households.

==========

From official report :

  • "The Conference Board Consumer Confidence Index® improved in May, following an increase in April. The Index now stands at 134.1 (1985=100), up from 129.2 in April. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased from 169.0 to 175.2. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – increased from 102.7 last month to 106.6 this month." 
  • "Consumer Confidence posted another gain in May and is now back to levels seen last Fall when the Index was hovering near 18-year highs,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “The increase in the Present Situation Index was driven primarily by employment gains. Expectations regarding the short-term outlook for business conditions and employment improved, but consumers’ sentiment regarding their income prospects was mixed. Consumers expect the economy to continue growing at a solid pace in the short-term, and despite weak retail sales in April, these high levels of confidence suggest no significant pullback in consumer spending in the months ahead."
     

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Dollar Index H1: range price movement by CB Consumer Confidence news events

Dollar Index H1: range price movement by CB Consumer Confidence news events

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USD/CAD H1: range price movement by CB Consumer Confidence news events

USD/CAD H1: range price movement by CB Consumer Confidence news events

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GOLD (XAU/USD) H1: range price movement by CB Consumer Confidence news events

GOLD (XAU/USD) H1: range price movement by CB Consumer Confidence news events

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The chart was made on MT5 with standard indicators of Metatrader 5 together with following indicators:


 

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Sergey Golubev, 2019.06.07 15:04

Intra-Day Fundamentals - Dollar Index, USD/CAD and USD/CNH: Non-Farm Payrolls

2019-06-07 12:30 GMT | [USD - Non-Farm Employment Change]

  • past data is 224K
  • forecast data is 177K
  • actual data is 75K according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD in our case)

[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.

==========

From official report :

  • "Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent, the U.S. Bureau of LaborStatistics reported today. Employment continued to trend up in professional and business services and in health care."

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Dollar Index (DXY): range price movement by Non-Farm Payrolls news events

Dollar Index (DXY): range price movement by Non-Farm Payrolls news events

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USD/CAD: range price movement by Non-Farm Payrolls news events

https://charts.mql5.com/21/421/usdcad-m15-fx-choice-limited-2.png

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USD/CNH: range price movement by Non-Farm Payrolls news events

USD/CNH: range price movement by Non-Farm Payrolls news events

==========

Charts were made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:

==========

Same systems for MT4/MT5:

The beginning

  1. ASCTrend system, the beginning, part #1
  2. ASCTrend system, the beginning, part #2
  3. ASCTrend system, the beginning, part #3
  4. ASCTrend system, the beginning, part #4 
  5. Digital ASCTrend (Digital Filters with ASCTrend system combined).
  6. LabTrend (LabTrend indicators, LabTrendZigZag, templates, Labtrend EAs) - the thread

After 

  1. The main AscTrend thread is this one.
  2. Asctrend indicator in depth 
  3. ASCTREND SYSTEM summary (good EAs included) 
  4. Brainwashing system/AscTrend system (MT5) - the thread 

 

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Press review

Sergey Golubev, 2019.06.19 08:58

USD/CAD - ranging to the bullish reversal; 1.3431 is the key (based on the article)

USD/CAD daily Ichimoku chart by Metatrader 5

  • "Looking at the daily chart we notice USD/CAD eying the higher end of the mentioned consolidation zone however, the pair needs to clear 1.3457. Therefore, any failure to close above this level may send the price to retest 1.3377. Its worth noting that any close below 1.3377 may lead USD/CAD towards 1.3289. Although the weekly support levels at 1.3358 and 1.3332 should be watched closely."
  • "Looking at the four-hour chart, we notice on Jun 11 USD/CAD found support at 1.3250 and started an uptrend creating higher highs with higher lows. However, since the start of this week this trend has paused reflecting bulls’ reluctance to continue pushing higher. Uptrend could start to accelerate if USD/CAD breaks above 1.3457 this could lead the pair towards 1.3493 however, weekly resistance level at 1.3476 need to be kept in focus. On the other hand, the pair’s outlook could shift if USD/CAD breaks below 1.3393 (the weekly low). This suggests the price trade even lower towards 1.3358 contingent on clearing the weekly support at 1.3377. See the chart for more key levels if the selloff continues below 1.3358."

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The chart was made on daily timeframe with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase:


 

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Press review

Sergey Golubev, 2019.06.19 15:50

Intra-Day Fundamentals - USD/CAD and Brent Crude Oil: Canada Consumer Price Index (CPI)

2019-06-19 12:30 GMT | [CAD - CPI]

  • past data is 0.4%
  • forecast data is 0.1%
  • actual data is 0.4% according to the latest press release

if actual > forecast (or previous value) = good for currency (for CAD in our case)

[CAD - CPI] = Change in the price of goods and services purchased by consumers.

==========

From official report :

  • "The Consumer Price Index (CPI) rose 2.4% on a year-over-year basis in May, up from a 2.0% increase in April. The CPIincreased amid a series of broad-based gains, including higher prices for food and durable goods, while consumers paid 3.7% less for gasoline compared with May 2018. Excluding gasoline, the CPI increased 2.7% year over year, up from a 2.3% increase in April."

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USD/CAD: range price movement by Canada Consumer Price Index news events

USD/CAD: range price movement by Canada Consumer Price Index news events

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Brent Crude Oil: range price movement by Canada Consumer Price Index news events

Brent Crude Oil: range price movement by Canada Consumer Price Index news events

============

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Sergey Golubev, 2019.07.16 18:17

Intra-Day Fundamentals - Dollar Index, GOLD and USD/CAD: United States Retail Sales

2019-07-16 12:30 GMT | [USD - Retail Sales]

  • past data is 0.4%
  • forecast data is 0.2%
  • actual data is 0.4% according to the latest press release

if actual > forecast (or previous value) = good for currency (for CAD in our case)

[USD - Retail Sales] = Change in the total value of sales at the retail level.

==========

From official report :

  • "Advance estimates of U.S. retail and food services sales for June 2019, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $519.9 billion, an increase of 0.4 percent (±0.5 percent)* from the previous month, and 3.4 percent (±0.7 percent) above June 2018. Total sales for the April 2019 through June 2019 period were up 3.4 percent (±0.5 percent) from the same period a year ago. The April 2019 to May 2019 percent change was revised from up 0.5 percent (±0.5 percent)* to up 0.4 percent (±0.2 percent)."

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Dollar Index: range price movement by  United States Retail Sales news events

Dollar Index: range price movement by United States Retail Sales news events

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GOLD (XAU/USD): range price movement by  United States Retail Sales news events

GOLD (XAU/USD): range price movement by United States Retail Sales news events

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USD/CAD: range price movement by  United States Retail Sales news events

USD/CAD: range price movement by United States Retail Sales news events

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

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Press review

Sergey Golubev, 2019.07.23 12:32

USD/CAD - bear market rally to be started (based on the article)

USD/CAD daily Ichimoku AscTrend chart by Metatrader 5

  • "On Thursday USD/CAD tested it lowest levels in nearly nine months however, the price rallied after then closed with a Doji pattern, reflecting the market indecision at this stage. At the start of this week the price continued its ineffective move. Yesterday, the Relative Strength Index (RSI) pointed higher then stopped before crossing 50 emphasizing exhausted sellers on one hand, and the lack of momentum form the buyers to kick start an uptrend move on the other."
  • "Looking at the daily chart we notice today USD/CAD has tested its higher level in nearly two weeks, and currently trading in the higher trading zone 1.3126 – 1.3166. Therefore, a close above the low-end of this zone could send the pair towards the high-end however, the weekly resistance at 1.3145 needs to be monitored. Further bullish close above the high-end of the zone may push the price towards 1.3224 nonetheless, the weekly resistance area highlighted on the chart should be considered."

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:


 

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Press review

Sergey Golubev, 2019.08.09 16:42

USD/CAD Intra-Day Fundamentals: Canada Employment Change and range price movement 

2019-08-09 12:30 GMT | [CAD - Employment Change]

  • past data is -2.2K
  • forecast data is 15.2K
  • actual data is -24.2K according to the latest press release

if actual > forecast (or previous good for currency (for CAD in our case)

[CAD - Employment Change] = Change in the number of employed people during the previous month.

==========

From official report :

  • "Employment was little changed for the third consecutive month in July. The unemployment rate increased by 0.2 percentage points to 5.7% as more people searched for work."
  • "Compared with July 2018, employment was up by 353,000 (+1.9%), driven by gains in full-time work (+326,000 or +2.2%). Over the same period, hours worked increased by 0.7%."

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USD/CAD: range price movement by Canada  Employment Change news event 

USD/CAD: range price movement by Canada Employment Change news event

==========

Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:

All about BrainTrading system for MT5:


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2019.08.21 15:02

USD/CAD Intra-Day Fundamentals: Canada  Consumer Price Index (CPI) and range price movement 

2019-08-21 12:30 GMT | [CAD - CPI]

  • past data is -0.2%
  • forecast data is 0.1%
  • actual data is 0.5% according to the latest press release

if actual > forecast (or previous good for currency (for CAD in our case)

[CAD - CPI] = Change in the price of goods and services purchased by consumers.

==========

From official report :

  • "The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in July, matching the increase in June. Prices increased year over year in all eight major components."
  • "On a seasonally adjusted monthly basis, the CPI increased 0.4% in July, following a 0.1% decline in June."

==========

USD/CAD: range price movement by Canada CPI news event 

USD/CAD: range price movement by Canada CPI news event

==========

Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:


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