USD/CAD news:
🔆USD/CAD rallied yesterday as Trump outlined clear tariffs including those on Canada and Mexico from March 4
🔆DXY maintained its third consecutive day of gains after the US Q/Q GDP was released as expected, indicating that the US economy remains solid after the tariff preparations
🔆However, on the technical side, the RSI (1H) indicator after entering the overbought zone has shown signs of divergence against the pair, so there will be a short-term correction before the main uptrend continues
Personal opinion:
🔆USD/CAD still maintains a strong upward momentum after the latest economic and financial news - the latest tariff policy has more influence on the strength of CAD.
Analysis:
🔆Based on important resistance - support and Fibonacci levels combined with EMA34 to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.4420 – 1.4410
❌SL: 1.4390 | ✅TP: 1.4460 – 1.4500 – 1.4540
FM wishes you a successful trading day 💰💰💰
🔆USD/CAD rallied yesterday as Trump outlined clear tariffs including those on Canada and Mexico from March 4
🔆DXY maintained its third consecutive day of gains after the US Q/Q GDP was released as expected, indicating that the US economy remains solid after the tariff preparations
🔆However, on the technical side, the RSI (1H) indicator after entering the overbought zone has shown signs of divergence against the pair, so there will be a short-term correction before the main uptrend continues
Personal opinion:
🔆USD/CAD still maintains a strong upward momentum after the latest economic and financial news - the latest tariff policy has more influence on the strength of CAD.
Analysis:
🔆Based on important resistance - support and Fibonacci levels combined with EMA34 to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.4420 – 1.4410
❌SL: 1.4390 | ✅TP: 1.4460 – 1.4500 – 1.4540
FM wishes you a successful trading day 💰💰💰
Dagangan aktif
The plan is on track.Achieved max profit of 60 pips, congratulations if you follow the FM plan
✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.