Tag - cad - canadian dollar

Will the CAD strengthen more?
Will the CAD strengthen more?

The Bank of Canada releases a monetary policy statement with an update on the interest rate on June 9, at 17:00 MT time.

Trade ideas on June 7-11!
Trade ideas on June 7-11!

Don’t expect to relax after a super volatile previous week! The market is getting ready for yet another roller-coaster!

USD/CAD trade is in profit
USD/CAD trade is in profit

USD/CAD managed to advance further yesterday breaking above 1.21, reaching as high as 1.2128 earlier today, while our long signal that was issued at 1.2060 is now in profit with over +60 pips.

USD/CAD Showing Some Life Finally
USD/CAD Showing Some Life Finally

USD/CAD managed to bounce off its support area mentioned in our previous report at 1.2060’s and continued to rise throughout yesterday’s trading reaching as high as 1.2141

Take a look at USD/CAD
Take a look at USD/CAD

USD/CAD has been trading within a tight range for over two weeks now and holding well above 1.2050’s. Read more!

Gold, USD/CAD, and EUR/USD on April 22
Gold, USD/CAD, and EUR/USD on April 22

EUR/USD is moving sideways ahead of the ECB meeting. USD/CAD dropped after the hawkish action of the Bank of Canada. The earnings season is underway!

EUR/USD and gold on April 5-9
EUR/USD and gold on April 5-9

Europe’s poor vaccination rollout keeps pressing down the euro. Unlike Europe, the USA is in a much better position now. Thus, EUR/USD is likely to dip further this week. Gold is likely to fall as well amid the strong USD. Watch the video to get more trade ideas for this week!

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

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