USDCAD LONG expected - ADP Forecast + Oil Potential SPR Release

7 Okt 2021

Hello Traders

Here is a new Buy Opportunity

💹USD/CAD - BUY STOP

✅ Entry @26.050 or above

✅TP-1# 26.200
✅TP-2# 26.500
✅TP-3# 27.000

✅SL# 25.400


My Forecast : This Pair Will go up LONG

USDCAD LONG expected - ADP Forecast + Oil Potential SPR Release

Tomorow Friday NFP Release : Forecast 750K - Previous 235K
Source : investing.com/economic-calendar/nonfarm-payrolls-227

Crude Oil Bears Take Control on Inventory Build, Potential Strategic Petroleum Reserve (SPR) Release
Source : dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/10/07/Crude-Oil-Forecast-Bears-Take-Control-on-Inventory-Build-Potential-SPR-Release.html

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7 Okt 2021

Catatan

Hello Traders
I wanted to say NFP Release and not ADP

Good Luck

8 Okt 2021

Catatan

Hello Traders
We can forget about SPR Release
But we still wait for NFP 500K consensus Versus 235K (12:30 GMT)

If the numbers are good, Fed will talk about Tapering in november (And help us dollar to get higher maybe)

Good Luck

8 Okt 2021

Catatan

Hello Traders
NFP is at 12:30 GMT
Normally it should go down around 25.000 and then go up
Buy only at specific entry otherwise it is invalid

Good Luck

8 Okt 2021

Catatan

Hello Traders
Nonfarm Payrolls are bad 194K VS 500K consensus

#USD Will Fall

This chart is invalidated