My Bias: LONG
Wave Structure: rally in wave
upside to above 1.36
Important risk events: USD=U.S. Fed Chair Yellen Speaks +U.S. CB Consumer Confidence
Create Alert
Important risk events: CAD Bank of Canada Governor Poloz Speaks
Wave Structure: rally in wave
upside to above 1.36
Important risk events: USD=U.S. Fed Chair Yellen Speaks +U.S. CB Consumer Confidence
Create Alert
Important risk events: CAD Bank of Canada Governor Poloz Speaks
Trade active
Trade active
Trade active:
and go up
Trade active:
Breakthrough support line
Create Alert
Start Trading
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. Canada releases fresh GDP data on a monthly basis.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.