¡Nuestro equipo cuenta con más de 7,000,000 operadores!
Cada día, trabajamos juntos para mejorar las operaciones. Obtenemos grandes resultados y seguimos adelante.
El reconocimiento de millones de operadores en todo el mundo es el mejor agradecimiento a nuestro trabajo! ¡Usted hizo su elección y haremos todo lo que esté a nuestro alcance para satisfacer sus expectativas!
¡Juntos somos un gran equipo!
InstaSpot. ¡Orgulloso de trabajar para usted!
¡Actor, 6 veces ganador del torneo UFC y un verdadero héroe!
El hombre que se hizo a sí mismo. El hombre que sigue nuestro camino.
El secreto detrás del éxito de Taktarov es el constante movimiento hacia el objetivo.
¡Revele todo los lados de su talento!
Descubra, intente, fracase, ¡pero nunca se rinda!
InstaSpot. ¡Su historia de éxito comienza aquí!
The USD/CAD currency pair has fallen below the key level of 1.400. The Canadian dollar is strengthening against the US dollar amid rising oil prices. Oil quotes have climbed to nearly two-week highs following the introduction of US sanctions against major Russian oil companies, which has supported the Canadian dollar — a currency that traditionally correlates with commodity prices. It is important to note that Canada is the largest exporter of oil to the United States, and rising prices for "black gold" generally have a positive impact on the Canadian currency.
According to Canadian Prime Minister Mark Carney, the long-standing process of close economic integration between Canada and the United States has been completed. Market participants should closely monitor the ongoing situation regarding persistent trade tensions between the two countries.On the US dollar side, President Donald Trump rejected a request from leading Democratic lawmakers for a meeting during the four-week US government shutdown. The suspension of key economic data releases — including reports from the Bureau of Labor Statistics and the Census Bureau — creates additional challenges for the Federal Reserve in making monetary policy decisions.
Nevertheless, the market expects the Fed to cut the benchmark interest rate by 25 basis points (bps) at its meetings in October and December. These expectations are putting pressure on the US dollar against the Canadian dollar. According to LSEG data, federal funds futures imply a 97% probability of a 25 bps rate cut at the next meeting.
Going forward, the dynamics of the USD/CAD pair will depend on macroeconomic statistics. Particular attention should be paid to Canadian retail sales data. Retail sales are forecast to rise by 1.0% month-over-month in August, while core retail sales (excluding autos) are expected to increase by 1.2%. If the actual figures exceed forecasts, the Canadian dollar could gain short-term support.
It is also worth paying attention to upcoming US economic data releases to identify better trading opportunities in the USD/CAD pair.
From a technical standpoint, although the pair has dropped below the key 1.400 level, the potential for growth has not been lost. This is indicated by positive oscillators on the daily chart, and the 9-day EMA remains above the 14-day EMA. In addition, prices are trading above the 200-day SMA, which serves as important support. If prices fall below it, the bulls may lose their upside potential. Once the pair breaks above the 1.400 resistance level, prices could reach the next resistance at 1.430 on their way toward the 1.410 round level.
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.