By IFCMarkets
Rising Canadian retail sales bearish for USDCAD
Canadian core retail sales declined 0.1% over month in January after 0.5% growth in December, when a 0.2% growth was expected. This is bullish for USDCAD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Buy | |
| Donchian Channel | Neutral | |
| MA(200) | Buy | |
| Parabolic SAR | Buy | |
| Fractals | Sell |
| Order | Buy |
| Buy stop | Above 1.4429 |
| Stop loss | Below 1.4148 |
Market Analysis provided by IFCMarkets