Ultima Markets【 Market Analysis 】 Inflation is stubborn, and the short-term appreciation of the Canadian dollar is imminent

View All · Published on 2024-1-18 15:44:00

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Ultima Markets【 Market Analysis 】 Inflation is stubborn, and the short-term appreciation of the Canadian dollar is imminent671 / author:Ultima_Markets / PostsID:1727512

todayUltimaMarkets Bringing you 2024year 1month 18USD/CADIn depth analysis.

Fundamental points

加拿大通胀：加拿大12月通胀加速，同比增长3.4%，其中汽车价格是通胀的主要因素。通胀上行意味着加央行在下周或将维持鹰派立场。
加央行态度：加拿大通胀居高不下，加元因此受鹰派预期而升值。但若加央行下周做出任何隐含降息的态度，加元都或将再度贬值。

technical analysis

Daily chart analysis

Ultima Markets【 Market Analysis 】 Inflation is stubborn, and the short-term appreciation of the Canadian dollar is imminent453 / author:Ultima_Markets / PostsID:1727512

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

Random oscillation index：指标进入超买区域开始纠缠，暗示当前多头情绪开始放缓，警惕汇价在遇阻后，指标发出空头信号。
bareKstructure：价格在突破200日均线后形成十字星结构，警惕行情今日形成看跌K线，汇价将有形成反转下行趋势的概率。

1Hour chart analysis

Ultima Markets【 Market Analysis 】 Inflation is stubborn, and the short-term appreciation of the Canadian dollar is imminent433 / author:Ultima_Markets / PostsID:1727512

USD to CAD1Hour chart, sourceUltima Markets MT4）

Random oscillation index：指标进入超卖区域，暗示行情短期或将进行回调，等待指标再度发出空头信号后关注做空机会。
Building top structure：汇价顶部形成了较为明确的顶部结构，随后汇价跌破了颈线以及红色33周期均线联合组成的支撑价位。短期美元兑加元空头趋势较为明确，下方第一目标看向黑色65Periodic moving average.

Trading CentralHub Line Indicators

Ultima Markets【 Market Analysis 】 Inflation is stubborn, and the short-term appreciation of the Canadian dollar is imminent821 / author:Ultima_Markets / PostsID:1727512

（USDCAD30Minute chart, sourceUltima Markets APP）

according toUltima Markets APPInTradingCentralHub line indicators, central price range for the day1.3525，
1.3525Upward bullish, first goal1.3540Second objective1.3555
1.3525Under bearish, first target1.3490Second objective1.3470

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.UltimaMarketsReasonable 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.