Forecast and levels for CAD - page 17

 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2022.05.05 06:37

Intra-Day Fundamentals - USD/CAD, Dollar Index and GOLD (XAU/USD)Federal Funds Rate and  FOMC Press Conference

2022-05-04 18:30 GMT | [USD - Federal Funds Rate]

  • past data is 0.50%
  • forecast data is 1.00%
  • actual data is 1.00% according to the latest press release

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

[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight.

==========

From official report :

"The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain strong. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent and anticipates that ongoing increases in the target range will be appropriate. In addition, the Committee decided to begin reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities on June 1, as described in the Plans for Reducing the Size of the Federal Reserve's Balance Sheet that were issued in conjunction with this statement".

==========

USD/CAD : range price movement by Federal Funds Rate news events

USD/CAD : range price movement by Federal Funds Rate news events

==========

Dollar Index : range price movement by Federal Funds Rate news events

Dollar Index : range price movement by Federal Funds Rate news events

==========

GOLD (XAU/USD) : range price movement by Federal Funds Rate news events


GOLD (XAU/USD) : range price movement by Federal Funds Rate news events

==========

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

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread

 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2022.05.18 16:22

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

2022-05-18 12:30 GMT | [CAD - CPI]

  • past data is 1.4%
  • forecast data is 0.5%
  • actual data is 0.6% 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 :

"In April, Canadian consumer prices rose 6.8% year over year, a slight increase from March (+6.7%).
On a monthly basis, the 
CPI rose 0.6% in April after a 1.4% gain in March. On a seasonally adjusted monthly basis, the CPI rose 0.7%".

==========

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

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

==========

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


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2022.06.01 18:42

USD/CAD Intra-Day FundamentalsCanada Overnight Rate and BoC Rate Statement

2022-06-01 14:00 GMT | [CAD - BoC Overnight Rate]

  • past data is 1.00%
  • forecast data is 1.50%
  • actual data is 1.50% according to the latest press release

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

[CAD - BoC Overnight Rate] = Interest rate at which major financial institutions borrow and lend overnight funds between themselves.

==========

From official report :

"The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. The Bank is also continuing its policy of quantitative tightening (QT)".

==========

USD/CAD: range price movement by BoC Overnight Rate news event 

USD/CAD: range price movement by BoC Overnight Rate news event

==========

Chart was made on Metatrader 5 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, 2022.06.10 16:59

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

2022-06-10 12:30 GMT | [CAD - Employment Change]

  • past data is 15.3K
  • forecast data is 28.5K
  • actual data is 39.8K 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 rose by 40,000 (+0.2%) in May and the unemployment rate edged down to 5.1%".

==========

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

Same system for MT4:

  1. Brainwashing. Trades: manually and using EAs (MT4)
  2. Brainwashing EAs - the thread (MT4)
  3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
  4. Brainwashing: system development (MT4) - the thread

 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2022.06.22 15:13

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

2022-06-22 12:30 GMT | [CAD - CPI]

  • past data is 0.6%
  • forecast data is 1.0%
  • actual data is 1.4% 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 :

"Canadians continued to feel the impact of rising prices in May as consumer inflation rose 7.7% year over year. This was the largest yearly increase since January 1983 and up from a 6.8% gain in April. On a monthly basis, the CPI rose 1.4% in May, following a 0.6% increase in April. On a seasonally adjusted monthly basis, the CPI was up 1.1%, the fastest pace since the introduction of the series in 1992".

==========

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

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

==========

Chart was made on Metatrader 5 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, 2022.07.15 15:29

Intra-Day Fundamentals - EUR/USD, USD/CAD and Dax Index : United States Retail Sales

2022-07-15 12:30 GMT | [USD - Retail Sales]

  • past data is -0.3%
  • forecast data is  0.9%
  • actual data is 1.0% according to the latest press release

if actual > forecast (or previous value) = good for currency (for USD 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 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $680.6 billion, an increase of 1.0 percent (±0.5 percent) from the previous month, and 8.4 percent (±0.7 percent) above June 2021. Retail trade sales were up 1.0 percent (±0.4 percent) from May 2022, and up 7.7 percent (±0.7 percent) above last year. Gasoline stations were up 49.1 percent (±1.6 percent) from June 2021, while food services and drinking places were up 13.4 percent (±3.9 percent) from last year".

    ==========

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

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

    ==========

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

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

    ==========

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

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

    ==========

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


     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2022.08.10 15:10

    Intra-Day Fundamentals - USD/CAD, USD/CNH and CAC 40 :  United States Core Consumer Price Index (CPI)

    2022-08-10 12:30 GMT | [USD - Core CPI]

    • past data is 0.7%
    • forecast data is 0.5%
    • actual data is 0.3% according to the latest press release

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

    [USD - Core CPI] = Change in the price of goods and services purchased by consumers, excluding food and energy.

    ==========

    From official report :

    "The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment. The index for all items less food and energy rose 0.3 percent in July, a smaller increase than in April, May, or June".

    ==========

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

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

    ==========

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


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

    ==========

    CAC 40 : range price movement by United States Core Consumer Price Index news event 

    CAC 40 : range price movement by United States Core Consumer Price Index 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, 2022.09.06 18:05

    Intra-Day Fundamentals - USD/CAD, Brent Crude Oil and Dow Jones Industrial Average: ISM United States Non-Manufacturing Purchasing Managers Index (PMI)

    2022-09-06 14:00 GMT | [USD - ISM Services PMI]

    • past data is 56.7
    • forecast data is 55.4
    • actual data is 56.9 according to the latest press release

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

    [USD - ISM Services PMI]  =  Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.

    ==========

    From official report :

    "In August, the Services PMI® registered 56.9 percent, 0.2 percentage point higher than July’s reading of 56.7 percent. The Business Activity Index registered 60.9 percent, an increase of 1 percentage point compared to the reading of 59.9 percent in July. The New Orders Index figure of 61.8 percent is 1.9 percentage points higher than the July reading of 59.9 percent."

    ==========

    USD/CAD : range price movement by ISM Services PMI  news events

    USD/CAD : range price movement by ISM Services PMI  news events

    ==========

    Brent Crude Oil : range price movement by ISM Services PMI  news events

    Brent Crude Oil : range price movement by ISM Services PMI  news events

    ==========

    Dow Jones Industrial Average : range price movement by ISM Services PMI  news events

    Dow Jones Industrial Average : range price movement by ISM Services PMI  news events

    ==========

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

    Same system for MT4:

    1. Brainwashing. Trades: manually and using EAs (MT4)
    2. Brainwashing EAs - the thread (MT4)
    3. Brainwashing: system setup for trading manually and for EAs (MT4) - the thread 
    4. Brainwashing: system development (MT4) - the thread



     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2022.09.07 16:30

    USD/CAD Intra-Day FundamentalsCanada Overnight Rate and BoC Rate Statement

    2022-09-07 14:00 GMT | [CAD - BoC Overnight Rate]

    • past data is 2.50%
    • forecast data is 3.25%
    • actual data is 3.25% according to the latest press release

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

    [CAD - BoC Overnight Rate] = Interest rate at which major financial institutions borrow and lend overnight funds between themselves.

    ==========

    From official report :

    "The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is also continuing its policy of quantitative tightening".

    ==========

    USD/CAD: range price movement by BoC Overnight Rate news event 

    USD/CAD: range price movement by BoC Overnight Rate news event

    ==========

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


     

    Forum on trading, automated trading systems and testing trading strategies

    Press review

    Sergey Golubev, 2022.09.09 15:50

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

    2022-09-09 12:30 GMT | [CAD - Employment Change]

    • past data is -30.6K
    • forecast data is 15.0K
    • actual data is -39.7K 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 declined by 40,000 (-0.2%) in August, and the unemployment rate rose by 0.5 percentage points to 5.4%".

    ==========

    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 the following indicators:


    Reason: