USD/CAD weekly special report based on 1 Lot Calculation:
GEOPOLITICS:
- TRADE WAR: President Trump has implemented 25% tariffs on Canada and Mexico, with an additional 10% tariff on Canadian oil imports. The implementation of tariffs towards Canada could be supportive for the USDCAD currency pair. Furthermore, steel and aluminum imports from all countries, including Canada have been implemented. As a retaliatory measure Canada has implemented a 25% tariff on approximately $30 billion worth of U.S. imports. Furthermore, the Canadian province of Ontario has slapped electricity export tariffs to the U.S. of around 25%.
EVENTS:
- WEDNESDAY, MARCH 12, AT 12:30 GMT: U.S. CONSUMER PRICE INDEX (CPI) (FEBRUARY): A higher-than-expected number could be supportive for the USDCAD pair because then the FED would be motivated to delay interest rate cuts. This index measures the change in the price of the goods and services from the perspective of the consumer. Inflation in January came in at 3%, beating analyst expectations for a figure of 2.9%.
- WEDNESDAY, MARCH 12, AT 13:45 GMT: BANK OF CANADA INTEREST RATE DECISION: If the Bank of Canada lowers its policy interest rate it could be negative for the Canadian dollar and supportive for the USDCAD pair. A cut of 25 basis points is expected (from 3.00% to 2.75%).
- THURSDAY, MARCH 13, AT 12:30 GMT: U.S. PRODUCER PRICE INDEX (PPI) (FEBRUARY): A higher-than-expected number could be supportive for the USDCAD pair because then the FED would be motivated to delay interest rate cuts. This index measures the change in the price of goods sold by manufacturers.
USD/CAD March 10, 2025
Current Price: 1.4400
|
USD/CAD |
Weekly |
|
Trend direction |
|
|
1.4785 |
|
|
1.4700 |
|
|
1.4550 |
|
|
1.4250 |
|
|
1.4200 |
|
|
1.4150 |
Example of calculation based on weekly trend direction for 1 Lot1
|
USD/CAD |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
2,670 |
2,080 |
1,040 |
-1,040 |
-1,387 |
-1,734 |
|
Profit or loss in €2 |
2,462 |
1,918 |
959 |
-959 |
-1,279 |
-1,599 |
|
Profit or loss in £2 |
2,063 |
1,607 |
804 |
-804 |
-1,072 |
-1,339 |
|
Profit or loss in C$2 |
3,850 |
3,000 |
1,500 |
-1,500 |
-2,000 |
-2,500 |
1. 1.00 lot is equivalent of 100,000 units
2. Calculations for exchange rate used as of 13:00 (GMT) 10/03/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.