foad_trader

foad_trader

Unfortunately, our previous signal failed due to low stop loss. After hearing the words of Mr. Powell, the market acted very excited and weakened the dollar. Mr. Powell did not say anything new that could further weaken the dollar. This week I expect a rise for the US dollar. This is a very good place to buy USDCAD. The Canadian dollar has nothing to say against...

foad_trader

Entery price : 1.3580 SL : 1.3535 TP 1 : 1.3680 TP 2 : 1.3750 We reached a strong resistance zone in the USDCAD currency pair. Considering the recent decline in Canadian inflation, I don't expect further declines at the moment. I think it is a good area to buy until the target of 1.3750. This is my opinion and it could be wrong. Take care of your capital. good luck

foad_trader

Entery price : 1.1127 Stop loss : 1.1250 Take profit : 1.0930 My previous analysis failed. However, I still believe that the market has weakened the dollar too much and this price is too early for the euro. I expect a drop from here to around 1.0930. Of course, the general trend of this currency pair is upward, so if you intend to sell euros, enter with minimal...

foad_trader

I think the EURUSD could drop to around 1.0930 given the US inflation report and the strong retail sales rate released last week. Please note that this is an opinion from a beginner. The probability of error is high.