There are many red folders news today, and that means a lot of potential opportunities for us with some potential powerful moves today in the market. Fed Chair Powell for the USD, and the Canadian Overnight Rate for the CAD will be definitely the more important events for today.
Today, the CAD Overnight Rate is scheduled as a restricted news event, meaning it could cause a major slippage or market gap in the price, so we must keep this in mind while going into the markets on the CAD pairs, especially considering, there were, and seems to be some potential opportunities on USD/CAD today.
The rest of the Economical Calendar won’t cause any problems, we are just simply following pure Technical Analysis.
Today, the CAD Overnight Rate is scheduled as a restricted news event, meaning it could cause a major slippage or market gap in the price, so we must keep this in mind while going into the markets on the CAD pairs, especially considering, there were, and seems to be some potential opportunities on USD/CAD today.
The rest of the Economical Calendar won’t cause any problems, we are just simply following pure Technical Analysis.