USDCAD trend forecast March 7, 2025
💬The Canadian dollar strengthened yesterday following the US announcement that products compliant with the USMCA would be exempt from tariffs until April 3, notes ING's FX analyst Chris Turner.
Limited Downside Risks for USD/CAD
"Nearly all trade between the US, Canada, and Mexico falls under the USMCA, though not all exporters fully comply with the agreement's regulations. Markets never anticipated the 25% tariffs to be a long-term measure, and USD/CAD had already retreated from its recent highs before yesterday's announcement."
💬 moving in a downtrend, however today's NF news may help USDCAD price recover, NF news forecast is good for USD
🥇/// BUY USDCAD: zone 1.42700 - 1.42500
SL: 1.42200
TP: 40 - 60 - 100pips ( 1.43500 )
Safe and profitable trading
💬The Canadian dollar strengthened yesterday following the US announcement that products compliant with the USMCA would be exempt from tariffs until April 3, notes ING's FX analyst Chris Turner.
Limited Downside Risks for USD/CAD
"Nearly all trade between the US, Canada, and Mexico falls under the USMCA, though not all exporters fully comply with the agreement's regulations. Markets never anticipated the 25% tariffs to be a long-term measure, and USD/CAD had already retreated from its recent highs before yesterday's announcement."
💬 moving in a downtrend, however today's NF news may help USDCAD price recover, NF news forecast is good for USD
🥇/// BUY USDCAD: zone 1.42700 - 1.42500
SL: 1.42200
TP: 40 - 60 - 100pips ( 1.43500 )
Safe and profitable trading
Trade active
Crazy trend increase , great signal BUY USDCAD ( 1.42700 - 1.42500 ) , nice 
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
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.