By IFCMarkets
Increasing Canadian retail sales bearish for USDCAD
Canada’s retail sales rose in May: retail sales surplus rose 18.7% over month in May after 25% drop in April. This is bearish for USDCAD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Buy | |
| Donchian Channel | Sell | |
| MA(200) | Sell | |
| Fractals | Sell | |
| Parabolic SAR | Buy |
| Order | Sell |
| Buy stop | Below 1.3370 |
| Stop loss | Above 1.3413 |
Market Analysis provided by IFCMarkets