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TradePlus-Fx
Oct 25, 2023 8:37 AM

TradePlus-Fx|USDCAD: BoC meetingย Long

U.S. Dollar/Canadian DollarFXCM

Description

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๐Ÿ’ฌDescription: Today, the Central Bank of Canada will announce its decision on interest rates. The rate is expected to remain at the same level. Against this background, we continue to adhere to our previous trading idea for USDCAD, namely to look up (look at the chart). But most likely, there will be volatility during or after the meeting of the Central Bank of Canada, then the pair is most likely to roll back down. The expected movement is thus depicted on the chart. As a result, the more global target remains the same, and we expect growth to 1.38271 level.

๐Ÿ””FX CALENDAR TODAY๐Ÿ””
๐Ÿ‡บ๐Ÿ‡ธNew Home Sales
๐Ÿ‡จ๐Ÿ‡ฆBoC Interest Rate Decision
๐Ÿ›ขCrude Oil Inventories
๐Ÿ‡จ๐Ÿ‡ฆBOC Press Conference
๐Ÿ‡ช๐Ÿ‡บECB President Lagarde Speaks
๐Ÿ‡บ๐Ÿ‡ธFed Chair Powell Speaks

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๐Ÿš€Thank for your BOOSTS๐Ÿš€
๐Ÿ‘‡Share your views and FOLLOW US๐Ÿ‘‡

Trade active

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Comment

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There is new idea for GOLD๐Ÿš€

Comment

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New trading idea for BRENT๐Ÿš€

Trade closed: target reached

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Comment

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There is new idea for GOLD๐Ÿš€
Comments
Stargazer_fx
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great job mate
TradePlus-Fx
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@Stargazer_fx, thanks for your comment!
KABHI_FOREX_TRADING
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Perfect analysis
TradePlus-Fx
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@KABHI_FOREX_TRADING, Thanks a lot friend!
TheGrove
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Best analysis, thank you for sharing
TradePlus-Fx
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@TheGrove, I aprreciate it)
Arazmajeed
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Amazing plan, Go ahead
TradePlus-Fx
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@Arazmajeed, Yes! Thanks for your feedback!
AlselvSignals
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great idea
TradePlus-Fx
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@AlselvSignals, Thanks mate!
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