{"id":157874,"date":"2019-10-18T13:13:49","date_gmt":"2019-10-18T17:13:49","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=157874"},"modified":"2019-10-18T10:26:56","modified_gmt":"2019-10-18T14:26:56","slug":"usdcad-analysis-higher-manufacturing-sales-bearish-for-usdcad","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/usdcad-analysis-higher-manufacturing-sales-bearish-for-usdcad\/","title":{"rendered":"USDCAD Analysis: Higher manufacturing sales bearish for USDCAD"},"content":{"rendered":"<div id=\"inves-3366372413\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 18, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Higher manufacturing sales bearish for USDCAD<\/strong><\/p>\n<blockquote><p>Manufacturing sales rose 0.8% in August in Canada, after two consecutive monthly declines. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/usdcad\">USDCAD<\/a> decline?<\/p><\/blockquote>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/images\/USDCAD_18October2019.jpg\" alt=\"USDCAD rising toward MA(200)\" width=\"660px\" \/><\/p>\n<p>The price chart on 1-hour timeframe shows <b> USDCAD: H1 <\/b> is in uptrend. The price is rising toward the 200-period moving average MA(200) which is falling. The RSI oscillator is falling but has not reached the oversold zone.<\/p>\n<h2 class=\"emailSummary\" style=\"margin-top: 15px !important;\">Technical Analysis Summary<\/h2>\n<table style=\"border: solid 1px black;\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Order<\/b><\/td>\n<td align=\"left\" valign=\"top\">Buy<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Buy stop<\/b><\/td>\n<td align=\"left\" valign=\"top\">Above 1.3143<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td align=\"left\" valign=\"top\">Below 1.3123<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Higher manufacturing sales bearish for USDCAD Manufacturing sales rose 0.8% in August in Canada, after two consecutive monthly declines. Will the USDCAD decline? The price chart on 1-hour timeframe shows USDCAD: H1 is in uptrend. The price is rising toward the 200-period moving average MA(200) which is falling. The RSI oscillator is falling [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-157874","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=157874"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157874\/revisions"}],"predecessor-version":[{"id":157884,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/157874\/revisions\/157884"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=157874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=157874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=157874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}