🔔🔔🔔USD/CAD news:
➡️ USD/CAD is on track for a fifth consecutive daily gain, hovering around 1.3970 during Tuesday’s European session. However, the pair faced some resistance as the U.S. dollar pulled back ahead of the highly anticipated U.S. Consumer Price Index (CPI) report for April, which is scheduled to be released later in the North American session.
Personal opinion:
➡️ Despite a slight decline in the U.S. dollar, the USD/CAD pair remains supported by positive developments in the U.S.-China trade negotiations.
➡️ This breakthrough has boosted market sentiment and is viewed as a positive sign for global trade stability. As a result, it is expected to support the U.S. dollar, allowing the USD/CAD pair to continue its upward trend.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
FM's personal plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.3970- 1.3980
❌SL: 1.3940 | ✅TP: 1.4040
FM wishes you a successful trading day 💰💰💰
➡️ USD/CAD is on track for a fifth consecutive daily gain, hovering around 1.3970 during Tuesday’s European session. However, the pair faced some resistance as the U.S. dollar pulled back ahead of the highly anticipated U.S. Consumer Price Index (CPI) report for April, which is scheduled to be released later in the North American session.
Personal opinion:
➡️ Despite a slight decline in the U.S. dollar, the USD/CAD pair remains supported by positive developments in the U.S.-China trade negotiations.
➡️ This breakthrough has boosted market sentiment and is viewed as a positive sign for global trade stability. As a result, it is expected to support the U.S. dollar, allowing the USD/CAD pair to continue its upward trend.
➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy
FM's personal plan:
🔆Price Zone Setup:
👉Buy USD/CAD 1.3970- 1.3980
❌SL: 1.3940 | ✅TP: 1.4040
FM wishes you a successful trading day 💰💰💰
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Channel: signals - knowledge and FOREX comments
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Penerbitan berkaitan
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.