USDCAD

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USDCAD in an important place

12 Oct 2021 1 minute read 0 comments Biznes-Broker

USDCAD The currency pair is in the position I indicated about two weeks ago. It will depend on the upcoming sessions whether the US dollar will be stronger than the Canadian dollar. The macroeconomic data for this week are mixed, only expecting sligh...

The Canadian in a good uptrend

17 Sep 2021 1 minute read 1 comment Biznes-Broker

USDCAD In the Canadian's chart, we see an interesting thing. An upward triangle has formed which may be a signal for further growth. This is indicated by the designated resistance, which has already been tested 5 times, and I know that the more often...

Analysis of the currency market

10 Aug 2021 1 minute read 0 comments Biznes-Broker

EURUSD is still under pressure Overall, we remain with the plan I described last week. I recommend that you look for the last analysis of this currency pair and check the ranges I have given. The downtrend has not been negated, so we should only cons...

Monday's financial market review

2 Aug 2021 2 minute read 0 comments Biznes-Broker

USDCAD The Canadian stopped at the level I wrote about last week. I have marked two places where you need to watch the currency pair because these are the breakout points. If the support below is broken, there is a high probability that the price wil...

FOREX Financial Market Review

29 Jul 2021 1 minute read 0 comments Biznes-Broker

GBPUSD after FOMC data As we saw yesterday, the plan has not been fulfilled. My position I had had closed to zero before the local support broke, and I did not repeat after that because the market was not as clear as I had hoped. Initially, the FOMC...

The Canadian is weakening in the chart

6 Jul 2021 1 minute read 0 comments Biznes-Broker

USDCAD It can be seen that the US dollar is running out of strength to further push the rate up. The upcoming data also does not indicate large differences in the previous readings, which proves that the optimism is running out. If we look at the dat...

GOLD and Forex

15 Jun 2021 1 minute read 1 comment Biznes-Broker

USDCAD Despite the exit from consolidation, the currency pair is still in doubt. The reason is today's data, which in one part is forecast to improve the situation in the US, ie "core retail sales" which is expected to be positive compared to the las...

The Canadian in consolidation ahead of the data

27 May 2021 1 minute read 0 comments Biznes-Broker

USDCAD The analysis of each currency pair should begin with checking the macroeconomic calendar. Today, the US dollar is expected to announce preliminary GDP, which analysts forecast a slight improvement of 0.1% so it can be assumed that no one is ex...

Analysis of the currency market

19 Feb 2021 1 minute read 0 comments Biznes-Broker

  USDCAD  The Canadian, in line with the assumptions and macro data, showed that it is possible to predict movements with accuracy to local corrections. But the last move was not what we expected, so we need to change our assumption a little. At the...

USDCAD possible strengthening

18 Feb 2021 1 minute read 0 comments Biznes-Broker

USDCAD The presented couple surprised me more than I expected. Two days ago I wrote that I was expecting an upward correction and I was not disappointed, however, I did not use all the movement that the market was offering because I did not fully bel...