Sorry, you need to enable JavaScript to visit this website.

USD/CAD Signal - USD Non Farm Productivity - 4 Feb 2021

You are here

Signal Details
Entry Price: 
1.2781
Take Profit: 
1.2745
Stop Loss: 
1.2825
Direction: 
Sell
How we trade
Average: 5 (1 vote)

USDCAD is trending to the downside today prior to the USD Non Farm Productivity data, which shows the output per Hour of labor worked. Technically the major FX pair is below the moving averages and we anticipate downside into the 1.2745 level.

Try TradeProofer's FREE MT4 software today and find out how good your forex broker is!

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.