USD/CAD (To Infinity and Beyond?)
View On USD/CAD (8 Dec 2022)
There is something that you oughta know.
The recent run up in the stock markets and fall of USD are fuelled by the expectation/hope on "the pivot" by the FED and the real answer will be on the FED rate decision of the next week.
If the FED fails to do pivoting, I expect the stock market will fall and USD will resume it's UP trend.
And we are already seeing the starting of it.
If the FED does not pivot, it shall send USDCAD to retest the previous high and beyond.
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.
There is something that you oughta know.
The recent run up in the stock markets and fall of USD are fuelled by the expectation/hope on "the pivot" by the FED and the real answer will be on the FED rate decision of the next week.
If the FED fails to do pivoting, I expect the stock market will fall and USD will resume it's UP trend.
And we are already seeing the starting of it.
If the FED does not pivot, it shall send USDCAD to retest the previous high and beyond.
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.
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