USD/CAD (The Empire Strikes Back)

Updated
View On USD/CAD (30 JUNE 2020)

As expected/mentioned/forewarned, USD is making a comeback, eventually.

And the bullish of USD is lifting this pair up higher.
Tonight we have FED item and if things go in our way, it shall see 1.376 region soon.

Let's see.


DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.


Note
View On USD/CAD (15 JULY 2020)

UsdCad was rising previously, but once it hit strong resistance of 1.363 regions and it starts to fall all over again.

We have CAD items tonight and OPEC meeting as well. So we can expect more volatility in these pairs. Let's see if the 1.363x level can get broken this time.

Let's see.

DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!

snapshot
Beyond Technical AnalysisCADForexforexsignalssonicrmasterysonicrsystemTrend AnalysisUSDCAD

Related publications

Disclaimer