#LiveTrading

Are you ready for the US CPI release? It's time to trade!

Buckle up, the stream on YouTube starts in several minutes 🤘🤘🤘

Join here: https://youtu.be/fKoIT4EfPkY

🇺🇸#CPI

🔥Check all the previous trade ideas!

GBPUSD - https://t.me/fbsanalytics/4639

USDCAD - https://t.me/fbsanalytics/4625

EURUSD - https://t.me/fbsanalytics/4616

XAUUSD - https://telesco.pe/fbsanalytics/4631

Let's earn! 👍

​🇨🇦#CADCHF #CPI #Inflation

🔥CADCHF outlook ahead of the Canada CPI release!

The price is currently breaking through the resistance block around the 0.7350 level.

👆First scenario (most likely to happen): Lower-than-expected CPI numbers might boost the pair towards 0.7380.

If the actual CPI is lower than -0.3%, the pair might easily reach the second resistance block at around 0.7415.

✌️Second scenario (less likely to happen): Higher-than-expected CPI will most likely return the price to the 0.7300 support block. This support zone matches with the global ascending trendline on the W1 timeframe. That's why we highly doubt a breakout will happen. Therefore, in this case, we suggest looking for a buying opportunity around 0.7300.

General information: The price is moving in the descending channel on the daily timeframe. Moreover, on the weekly timeframe, the 0.7300 support zone locates right at the global support trendline. Overall, the price is currently forming a bottom. That's why opening BUY trades should be less risky.
When the price breaks through the third resistance block and closes above the descending trendline, the downtrend will be over.

🟩START TRADING🟩

#CPI

European inflation dropped to 6.9%. Economists expected 7.1%.📉

Inflation decreased in most countries in the Euro area, except 🇸🇮Slovenia (growth to 10.4%).

🇪🇺🇺🇸EURUSD fell to 1.0875, and now it is recovering

Do you trade on EURUSD, dears?🧐

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