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  1. #1
    Legendry Member milos's Avatar

    USD/CAD CALL OPTION THIS WEEK. !!!

    Call option above 1.3670 with targets 1.37 and 1.3750 in extension.

  2. #2
    Legendry Member milos's Avatar
    It was published positive data for the US dollar. ADP was higher than expected.The number of employees in US outside of the agricultural sector rose by 211000 in April after rising 79000 in the previous month, while analysts had expected an increase of 185000.

    Average hourly earnings in the US rose in April by 0.1% after rising 0.3% in February while the predicted growth of 0.3%. Unemployment rate in the US has decreased in April to 4.4 per cent to 4.5% in the previous month, while expectations for a 4.6%.

    The production index in Canada rose in April to 62.4 points from 61.1 in the previous month. Analysts had expected a rise to 62.3 points. Above 1.3750 look for further upside with 1.3768 and 1.3790 as targets.

    Supports and resistances levels
    1.3790 resistance
    1.3768 resistance
    1.3750 resistance
    1.3702 Last
    1.3675 support
    1.3650 support
    1.3635 support

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