The USD/CAD forex pair is influenced by:
- Commodity prices, especially oil
- Interest rate differentials between the US and Canada
- Economic indicators such as GDP, employment, inflation, and trade balances
- Market sentiment and global risk appetite
- Political events
Monitor your trades. Key factors are mentioned above so trade accordingly
- Commodity prices, especially oil
- Interest rate differentials between the US and Canada
- Economic indicators such as GDP, employment, inflation, and trade balances
- Market sentiment and global risk appetite
- Political events
Monitor your trades. Key factors are mentioned above so trade accordingly
Trade closed: target reached
Tp1 hit 200+ pips done Alhamdulillah
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.