POWERFUL_TRADERS

USDCAD - Weekly Forecast!

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello Traders!
The weekly forecasts prepared at the personal request of the Trader - AdeOluseun!
Dear traders, we ask you to be careful with USDCAD currency pair, as the market is currently highly overbought on daily chart and we see by means of EWA/EWP, Volume, Cluster&Delta, Market Profile analysis, that major market participants lose interest in the growth of USDCAD. But if the price decline to the Last Friday's support 1.43628, you can (with the little money) carefully buy with the hedging target 1.45014.
We thank you for the positive feedback of our market analysis!
Best refards, Powerful Traders.

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