Tag - cad - canadian dollar

Do you want to get clues on the upcoming economic events?

Let’s have a look at the events that will affect market moves.

Get fresh ideas on GBP/USD, EUR/USD and USD/CAD trading and be updated with the situation on the market!

On the daily chart of USD/CAD, bulls continue implementing the “Wolfe waves” pattern and are going to implement the “Shark” patterns.

Do you want to get clues on the upcoming economic events? Do you want to know what market moves to expect? FBS analyst Darya Bobrova will go through this week’s economic calendar and explain technical setups for EUR/USD, GBP/USD, USD/JPY, and other key…

On the daily chart, USD/CAD formed a “Broadening wedge”. A break of the upper border of the downtrend channel will increase the odds of a “Shark” pattern with targets at 88.6% and 113%.

Daily trading plan

Daily trading plan for GBP/USD, EUR/USD, USD/CAD

Recent tensions between the US and Canada about the North American free trade agreement (NAFTA) renegotiations as well as Brexit uncertainties brought weakness to the Canadian and British currencies…

Pullbacks towards 23.6%, 38.2%, and 50% of the wave 4-5 can be used for selling with 161.8% target of AB=CD.

Last week, USD/CAD held above the strong daily support level.

Why is GBP/USD rising and how high it may go? What are the targets for EUR/USD, AUD/USD, and NZD/USD? Watch the video to find out!…