Hey everyone, today we are on USDCAD , requested by Manjahi.
We explained why USD weakened in the video and it is possible that as U.S. stock market rebounds, USD could weaken further. Also need to be careful that tomorrow BOC rate meeting is on schedule and could cause huge volatility in the pair. It is always good practice to close your position before big events.
entry: 1.39784
stop loss: 1.40752
target: 1.36058
We explained why USD weakened in the video and it is possible that as U.S. stock market rebounds, USD could weaken further. Also need to be careful that tomorrow BOC rate meeting is on schedule and could cause huge volatility in the pair. It is always good practice to close your position before big events.
entry: 1.39784
stop loss: 1.40752
target: 1.36058
Dagangan ditutup secara manual
Hey as we explained in the video, we should close our position before yesterday's BoC meeting. CAD weakened after BoC keeps it open to purchase more assets. It is always a good practice to avoid big events like central bank meeting.Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
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.
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
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.