Daily Analysis: 18 Feb 2019

[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_single_image image=”22788″ img_size=”full” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text]

CAD

Fundamental Analysis

(18th Feb): We remain our bearish view on Canada fundamentals. The economy created 66.8 thousand jobs in January, crushing the forecast of 6.5 thousand, however, a large amount of job added is from the young labour force that only seeks for short-term or part-time jobs. Further, manufacturing sales have recorded declines of 1.3% in December and 1.4% in November. The manufacturing sector has sputtered, as the global trade war has lessened the demand for Canadian exports. As well, low oil prices are weighing on the economy and on the Canadian dollar. The currency has slipped 1.2% in February. The Bank of Canada is unlikely to raise rates at the March 6 meeting, but there is room for rate hikes later in the year if economic growth improves.

 

 

Technical Analysis

[/vc_column_text][vc_empty_space height=”15px”][vc_single_image image=”22791″ img_size=”full” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text]

USD

[blur]

Fundamental Analysis

(18th Feb): The dollar index, DXY, a gauge of its value versus six major peers was marginally lower at 96.85. The index has gained 1.4 percent so far this month despite weaker-than-expected U.S.data as well as a… [/blur][/vc_column_text][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_empty_space height=”35px”][vc_row_inner row_type=”row” type=”full_width” use_row_as_full_screen_section_slide=”no” text_align=”left” css_animation=””][vc_column_inner width=”1/5″][/vc_column_inner][vc_column_inner width=”3/5″][vc_separator type=”normal” color=”#b70909″ border_style=””][/vc_column_inner][vc_column_inner width=”1/5″][/vc_column_inner][/vc_row_inner][vc_empty_space height=”35px”][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”1/5″][/vc_column][vc_column width=”3/5″][kswr_heading head_align=”center” head_subtitle_color=”#333333″ head_title=”ACCESS RESTRICTED” head_title_fsize=”font-size:23px;line-height:2;” head_title_fstyle=”font-family:Inherit;font-weight:700;” head_subtitle_fsize=”font-size:17px;line-height:1.5;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”]Our comprehensive daily reports covers both technical and fundamental analysis, and are customised to your requirements.

To get access to our full report, fill in the form below below:[/kswr_heading][/vc_column][vc_column width=”1/5″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_empty_space height=”45px”][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”1/2″][kswr_button btn_link=”url:https%3A%2F%2Feverestfortunegroup.com%2Freport%2F|||” btn_txt=”I want to distribute this reports to my clients” btn_default_style=”1″ btn_full_width=”true”][/vc_column][vc_column width=”1/2″][kswr_modalanything mdlany_trigger_type=”button” mdlany_modalw=”750″ mdlany_modalh=”400″ mdlany_background=”#ffffff” mdlany_close_color=”#eeeeee” mdlany_close_bg=”#111111″ mdlany_paddings=”padding-top:20;padding-bottom:20;padding-left:20;padding-right:20;” mdlany_tgr_imagemargin=”margin-top:0px;margin-bottom:0px;” mdlany_btn_default_style=”1″ mdlany_btn_full_width=”true” mdlany_btn_txt=”I want this report for my own trading”][vc_column_text css=”.vc_custom_1550028067202{margin-top: 80px !important;margin-right: 70px !important;margin-bottom: 50px !important;margin-left: 70px !important;}”]

Our comprehensive daily reports cover a wide range of Forex majors, Metals, Indices and Cryptocurrencies.

We will be in touch shortly to customise a report based on your trading style & portfolio.

 

 

  • Include country code

[/vc_column_text][/kswr_modalanything][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_empty_space height=”35px”][vc_empty_space height=”35px”][/vc_column][/vc_row]