USD/CAD (You do not have to be "IN" the market all the time!)
Updated
View On USD/CAD (2 APR 2020)
After strong upmove in the last month, this pair is taking some breather.
The medium-term (3-6 months) can be a UP trend but we can't rule out the possibility of it making some pullback down first too.
We need to watch 1.405 regions closely. If it is broken, it can swing to 1.400 or even lower.
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.
After strong upmove in the last month, this pair is taking some breather.
The medium-term (3-6 months) can be a UP trend but we can't rule out the possibility of it making some pullback down first too.
We need to watch 1.405 regions closely. If it is broken, it can swing to 1.400 or even lower.
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 (6 APR 2020) There is some attempt to the bullish side on early Monday but it didn't succeed so far.
Now it is making a pullback down to the rangy mode.
If the current momentum persists, we may see 1.415 regions get retested again.
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