Tag - cad - canadian dollar

USD/CAD awaits NFP
USD/CAD awaits NFP

The release of the US and Canadian data at 15:30 MT time will bring substantial volatility to the pair.

Trading plan for March 29
Trading plan for March 29

The British pound and the Canadian dollar are expected to make some good moves today. Look at GBP/USD and USD/CAD

CAD/JPY: a pattern has emerged
CAD/JPY: a pattern has emerged

It looks like CAD/JPY formed a “Head and shoulders” pattern. The pattern may not look very pretty but it has all the required elements.

USD/CAD met resistance
USD/CAD met resistance

USD/CAD was rejected down by the resistance in the 1.3460 area. The pair is now trading below the weekly pivot point at 1.3385.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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