Forecast and levels for CAD - page 19

 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2023.06.07 16:50

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

2023-06-07 14:00 GMT | [CAD - BoC Overnight Rate]

  • past data is 4.25%
  • forecast data is 4.50%
  • actual data is 4.75% 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 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. 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

==========

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, 2023.06.09 15:44

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

2023-06-09 12:30 GMT | [CAD - Employment Change]

  • past data is 41.4K
  • forecast data is 1.1K
  • actual data is -17.3K 153.7K 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 reuters article :

"Canada's economy lost a net 17,300 jobs in May, entirely in full-time work, and the jobless rate rose to 5.2%, Statistics Canada data showed on Friday."

==========

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

USD/CAD: range price movement by Canada  Employment Change 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, 2023.07.12 15:00

Intra-Day Fundamentals - GBP/USD, NZD/USD and USD/CAD : United States  Consumer Price Index (CPI)

2023-07-12 12:30 GMT | [USD - CPI]

  • past data is 4.0%
  • forecast data is 3.1%
  • actual data is 3.0% according to the latest press release

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 rttnews article :

"Consumer prices in the U.S. increased by slightly less than expected in the month of June, according to a report released by the Labor Department on Wednesday."

==========

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

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

==========

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

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

==========

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

==========

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, 2023.08.24 15:42

Intra-Day Fundamentals - USD/CAD, GBP/USD and Dow Jones Industrial Average: Unites States Durable Goods Orders

2023-08-24 12:30 GMT | [USD - Durable Goods Orders]

  • past data is 4.4%
  • forecast data is 0.3%
  • actual data is -5.2% according to the latest press release

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

[USD - Durable Goods Orders] = Change in the total value of new purchase orders placed with manufacturers for durable goods.

==========

From rttnews article :

"With aircraft demand pulling back sharply following recent strength, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of July. The Commerce Department said durable goods orders plunged by 5.2 percent in July after surging by a revised 4.4 percent in June."

==========

USD/CAD: range price movement by Durable Goods Orders news events

USD/CAD: range price movement by Durable Goods Orders news events

==========

GBP/USD: range price movement by Durable Goods Orders news events

GBP/USD: range price movement by Durable Goods Orders news events

==========

Dow Jones: range price movement by Durable Goods Orders news events

Dow Jones: range price movement by Durable Goods Orders news events

==========

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, 2023.09.06 16:39

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

2023-09-06 14:00 GMT | [CAD - BoC Overnight Rate]

  • past data is 5.00%
  • forecast data is 5.00%
  • actual data is 5.00% 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 held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. 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

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

==========

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


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2023.09.08 15:09

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

2023-09-08 12:30 GMT | [CAD - Employment Change]

  • past data is -6.4K
  • forecast data is 7.2K
  • actual data is 39.9K 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 August. The unemployment rate was unchanged at 5.5%, following three consecutive monthly increases in May, June and July."

==========

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

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

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

==========

The chart was made on MT5 with the following indicator from CodeBase:


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2023.10.09 07:56

Intra-Day Fundamentals - USD/CAD, Brent Crude Oil and USD/JPY: United States Nonfarm Payrolls

2023-10-06 12:30 GMT | [USD - Non-Farm Employment Change]

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 rttnews article :

"Indicating continued strength in the labor market despite aggressive interest rate hikes by the Federal Reserve, the Labor Department released a report on Friday showing employment in the U.S. surged by much more than expected in the month of September."

==========

USD/CAD: range price movement by Nonfarm Payrolls news events

USD/CAD: range price movement by Nonfarm Payrolls news events

==========

Brent Crude Oil: range price movement by Nonfarm Payrolls news events


Brent Crude Oil: range price movement by Nonfarm Payrolls news events

==========

CAC 40: range price movement by Nonfarm Payrolls news events


CAC 40: range price movement by Nonfarm Payrolls news events

==========

The chart was made on MT5 with the following indicator from CodeBase:


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2023.10.25 18:09

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

2023-10-25 14:00 GMT | [CAD - BoC Overnight Rate]

  • past data is 5.00%
  • forecast data is 5.00%
  • actual data is 5.00% 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 held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is 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

==========

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, 2023.11.21 14:44

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

2023-11-21 13:30 GMT | [CAD - CPI]

  • past data is -0.1%
  • forecast data is 0.2%
  • actual data is 0.1% 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 :

On a monthly basis, the CPI rose 0.1% in October, following a 0.1% decline in September. The monthly increase was largely driven by travel tours and property taxes and other special charges, which are priced annually in October. On a seasonally adjusted monthly basis, the CPI fell 0.1%.

==========

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

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 the following indicator from CodeBase:
Half Trend New Alert - indicator for MetaTrader 5


 

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2023.11.30 17:07

USD/CAD Intra-Day FundamentalsCanada GDP and range price movement 

2023-11-30 13:30 GMT | [CAD - GDP]

  • past data is 0.0%
  • forecast data is 0.0%
  • actual data is 0.1% according to the latest press release

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

[CAD - GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.

==========

From official report :

"Real gross domestic product (GDP) edged up 0.1% in September. Goods-producing industries (+0.3%) led the growth with a first increase in six months, while services-producing industries were essentially unchanged. Overall, 10 of 20 industrial sectors increased."

==========

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

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

==========

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


Reason: