USD/CAD met resistance in the 1.3490 area (resistance line connecting April and May highs).
Tag - cad - canadian dollar
Trade ideas for May 15
GBP/CAD met the resistance of the 50-month MA in the 1.7765 area.
What key releases will move the markets this week?
AUD/CAD, EUR/CAD, and GBP/CHF are on the arena.
Hottest events for this week!
The day promises to be quite interesting for USD/CAD. The market awaits the news about the trade talks between the United States and China.
The trade balance for Canada will be released on May 9, at 15:30 MT time.
The last bearish 'Shooting Star' and 'Harami' haven't been confirmed and there's no any reversal pattern so far...
Trade ideas for May 7
What will happen to markets this week
The week started badly for the market sentiment. Find out why!