ProfessorCEWard

✨ NEW: USDCAD ✨ CAD News Setup ✨

Long
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
TECHNICAL ANALYSIS:
TP3 @ 1.1.3740 ((closing ALL Buy Orders))
TP2 @ 1.3633 (shaving 25%)
TP1 @ 1.3545 (shaving 25%)
BLO1 @ 1.3466 ⏳

FUNDAMENTAL ANALYSIS:
One of the most important economic indicators is the monthly data release on the change in the number of people who were employed the previous month. This data, which is typically issued roughly eight days after the end of the month, gives critical insights on the status of the labor market.

Given its significance and timely publication, it is not surprising that this data has a considerable influence on the market. Furthermore, job creation is a leading indicator of consumer spending, accounting for the vast majority of total economic activity.

As a result, economists, politicians, and investors all want this information. As a result, we recommend you to regularly monitor this data and assess its consequences on individual investments.

Professor C. E. Ward
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