Thread: Usd/Cad
Usd/Cad
The Bank of Canada lowered the key rate by 50 basis points. “This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada’s economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices”, said the central bank in a statement. The Federal Reserve is expected to do the same next week at the FOMC meeting, if not before.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Asher12 (2020-03-15), Shahzadahmed4850 (2020-03-15)
The Bank of Canada lowered the key rate by 50 basis points. “This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada’s economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices”, said the central bank in a statement. The Federal Reserve is expected to do the same next week at the FOMC meeting, if not before.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shahzadahmed4850 (2020-03-15)
USD/CAD market will go down, because we can see that the market has been able to break out of that long sideway area so that it is likely that the market will go down very deep,
being aware of today's movements will make our accounts safer, do not forget to use stop loss for the security of our account, hopefully our trades can profit according to what we expect,
we must always try to be better so that our trading results can be better and get consistent profits....
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shan55 (2020-03-15)
Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shan55 (2020-03-15)
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shan55 (2020-03-15)
i think traders should go long positions above 0.987 with targets at 1.0015 and 1.007 in extension.
but if the price move under 0.987 look for further downside with 0.9775 and 0.9675 as targets.
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shan55 (2020-03-15)
Usd/Cad
Resistance Level (R3): 1.415
Resistance Level (R2): 1.407
Resistance Level (R1): 1.396
Pivot Point: 1.387
Support Level (S1): 1.376
Support Level (S2): 1.367
Support Level (S3): 1.356
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shahzadahmed4850 (2020-03-15), Shan55 (2020-03-15)
Usd/Cad
Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shan55 (2020-03-15)
Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shan55 (2020-03-15)
USD/CAD is flashing red in Asia with oil extending Monday's recovery rally and strengthening the bid tone around the Canadian dollar.
At press time, the pair is trading at 1.3718, representing a 0.10% loss on the day, having hit a high of 1.3746 in early Asia.
Meanwhile, West Texas Intermediate (WTI) oil is trading at $35.16, up 2.4 percent on the day and Brent is changing hands at $38.50, representing a 1.5% gain on the day.
The black gold jumped more than 10% on Tuesday on reports that ongoing talks between OPEC and its allies, known as OPEC+, remain possible. Notably, Russia's Energy Minister Alexander Novak said Tuesday that Moscow had not ruled out measures with OPEC to stabilize oil markets.
However, with both Russia and Saudi Arabia looking to boost output, risks for oil prices remain skewed to the downside, more so, as global economic growth is expected to slow down due to coronavirus fears. Bank of America has cut its forecast for 2020 global growth to 2.2% from 2.8%.
If oil reverses lower during the day ahead, the CAD will likely come under pressure. That possibility cannot be ruled out, as the futures on the S&P 500 are currently signaling risk aversion with a 2% drop.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-03-15), Shan55 (2020-03-15)
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