Ultima Markets[Market Analysis] Key price points established, Canadian dollar trend one...

todayUltimaMarkets Bringing you 2023 year 11month 23USD/CADIn depth analysis.

Fundamental points

•         市场降息预期作出调整：昨日美国数据显示，上周初请失业金人数大幅下降，创6月以来最大降幅，同时美国未来1年期通胀预期上升至4.5%。就业数据和通胀预期的两极分化，表明美联储的降息周期或许并没有此前市场预测的那么早。
•         crude oilPrice decline：原油价格依旧处于跌势，跌幅一度超4%。原定于本周末的OPEC会议被推迟了，进一步削弱了市场对于原油减产的预期。
  

technical analysis

Daily chart analysis

Daily chart of US dollar to Canadian dollar, sourceUltima Markets MT4）

•         Random oscillation index：指标在昨日明确了空头信号，暗示今日日内趋势或将以下跌为主。
•         阻力价位red65日均线和上行趋势线联合组成了阻力区域，行情若无法有效下跌突破则依旧存在反弹上行概率。
•         bareKstructure：昨日汇价在5Rihe33日均线压制下，收出长上影线的阴K，暗示了空头占据上风，多头想要明确趋势则需要突破昨日高点1.37658。
  

1Hour chart analysis

USD to CAD1Hour chart, sourceUltima Markets MT4）

•         Random oscillation index：1小时周期的指标已经进入超卖，行情有一定的震荡调整概率。做空入场的机会需要等待指标再度发出空头信号后才可关注。
•         Convergent Triangle：市场价格整体趋势实际上已经形成了收敛三角形结构。但是有两种划分方式，两种方式也导致上下出现了两个阻力区间（黑色水平线）。任一方向的突破都代表了三角形结构被破坏，趋势方向将被明确。
  

Hub Line Indicators

USD to CAD1Hour chart, sourceUltima Markets MT4）

•         according toUltima Markets MT4InpivotIndicator, daily central price level1.37126，
•         1.37126Upward bullish, first goal1.37393Second objective1.37924
•         1.37126Under bearish, first target1.36598Second objective1.36331
  

Disclaimers

The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.Ultima MarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such information.