Tag: USDCAD trading strategies
USDCAD Price Action Approaches Hourly Moving Averages
The USDCAD had a downward movement and tested the support level at 1.3813 towards the end of the trading day, hitting a low of 1.3817 before slowing down. Thanks to early successes from the...
USDCAD Breaks Downward: Catalyst and Future Outlook | Forexlive
The USDCAD Breaks Downward: Understanding the CatalystThe USDCAD experienced a significant downward movement last week, with some buying activity observed against the 100 bar MA on the 4-hour chart. This moving average, currently situated...
USDCAD Technical Analysis: Trading within a Narrow Range
USDCAD Technical Analysis: Trading within a Narrow RangeLate Thursday afternoon, the Wall Street Journal's Timiraos published an article hinting at the possibility of a 50 bps cut still being discussed by the Federal Reserve....