FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD             has broken above the 1st standard deviation from its weekly (120-hour) mean on Wednesday (June 22) amid highly compressed volatility .

Since then USDCAD             trades above the 1st st             deviation, while the weekly volatility shows clear expansion, which indicates more upside probability purely on technical basis.

It is thus possible to look for long positions at pullbacks to the upper 1st standard deviation from the 120-h mean (now at 1.3015), with stops right at the mean itself (now at 1.2980).

Traders should also consider news events coming out 12:30 GMT             (Canadian Retail Sales and US Jobless Claims), which can trigger unexpected price volatility on USDCAD             .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out