Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

USD/CAD: First Target Of Decrease Is 1.3057

ByDmitry Zeland
Published 02/21/2019, 01:59 AM
Updated 07/09/2023, 06:32 AM

The capitalization of positions of CFE-accountable participants of the CME Group (NASDAQ:CME) on derivatives for the Canadian dollar increased by 1%. The total capitalization of derivative markets for the Canadian dollar reached $25 billion 21 million. The preponderance of bullish positions increased by 3%. In monetary terms, the preponderance of buyers amounted to $9 billion 710 million. Over the previous week, investors increased the number of closed positions by less than 1%. Also worth noting is the following ratio of capital investment in derivatives on USD/CAD among SMART MONEY: 69% of buyers and 31% of sellers. The nearest long-term level of support on the daily timeframe is the monthly option level of adding $53 million for growth (1.3057). The next area of support on the daily timeframe is the long-term zone of 20% of sellers (1.2980-1.2912).
USD/CAD, Daily
The closest resistance on the daily timeframe is the monthly market maker balance (1.3252). The next growth target for trading within the current option month is the monthly level of growth in selling positions with a total volume of $103 million at a price mark of 1.3404. The immediate support for today is the level of the beginning of the loss of the market maker for weekly options (1.3148). Subsequent support is the optional growth rate of $35 million for growth on weekly contracts (1.2994).
USD/CAD, M30
The closest resistance area for intraday trading is 2% of buyers zone (1.3199-1.3205). The next growth target is the weekly market maker balance of 1.3253.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.