USDCAD - FIBO Bounce to $1.28+
DXY
USDCAD
DXY
- Based on retracement
- Federal reserve will approve debt ceiling
- Mr. McConnell has said the government must not be allowed to stop paying its debts; he has also said he will not let any Republicans vote to raise the limit, while moving repeatedly to block Democrats from doing so themselves. Instead, he has prescribed a path forward for Democrats: Use a complicated budget process known as reconciliation to maneuver around a Republican filibuster that he refuses to lift.
- www.nytimes.com/2021...ll-debt-ceiling.html
- www.reuters.com/worl...h-august-2021-09-29/
- Home sale races to 7-month high
- COVID numbers have dropped from 285K per day to 125K in 7-days.
- USA is rising strong again.
CXY
USDCAD
CXY
- Based on retracement
- Rising inflation affecting housing market poorly.
- GDP @ .07% .01% reversal since July.
- Construction declined from heat wave
- Analysts said the Bank of Canada will likely go ahead with another tapering in its Oct. 27 rate decision, though the August gain is likely not enough to move the dial for the central bank on interest rates
- especially after a disappointing second-quarter contraction.
DXY
USDCAD
DXY
- Based on retracement
- Federal reserve will approve debt ceiling
- Mr. McConnell has said the government must not be allowed to stop paying its debts; he has also said he will not let any Republicans vote to raise the limit, while moving repeatedly to block Democrats from doing so themselves. Instead, he has prescribed a path forward for Democrats: Use a complicated budget process known as reconciliation to maneuver around a Republican filibuster that he refuses to lift.
- www.nytimes.com/2021...ll-debt-ceiling.html
- www.reuters.com/worl...h-august-2021-09-29/
- Home sale races to 7-month high
- COVID numbers have dropped from 285K per day to 125K in 7-days.
- USA is rising strong again.
CXY
USDCAD
CXY
- Based on retracement
- Rising inflation affecting housing market poorly.
- GDP @ .07% .01% reversal since July.
- Construction declined from heat wave
- Analysts said the Bank of Canada will likely go ahead with another tapering in its Oct. 27 rate decision, though the August gain is likely not enough to move the dial for the central bank on interest rates
- especially after a disappointing second-quarter contraction.
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- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits