Monday, January 8, 2018

The forecast from the company ForexMart

The forecast from the company ForexMart (ForeksMart)

Forecast USD / CAD on January 10

The pair is trying to make a U-turn with a potential target of growth above the level of 1.33. This is evidenced by the RSI indicators are showing the breakdown of the descending trend of the border. However, not ruled out an attempt to decrease below the level of 1.3230, as part of the formation of Forex model "head and shoulders". Break would give 1.3270 level rise to the growth of quotations of currency instrument. An alternative embodiment is to reduce quotations below 1.3150.

On the Canadian dollar following news factors can affect: the data on the volume of construction new homes in Canada and data on building permits.

No comments:

Post a Comment