Hello Traders! We hope that our analysis can help you in your trading and if you are interested to receive real-time updates about this analysis, click on "I Like" BUTTON on the chart
... thank you very much!!
USDCAD MEDIUM TERM ANALYSIS (weekly time frame):
(Click and Play)
TACTICAL STRATEGY: "When there is a strong trade setup on the monthly chart, shorter time frames have to follow it, even if sometimes the price fluctuates and goes against the monthly chart trade setup on the shorter time frames". (C.R.)
Some setup that we have done with this analysis:
Trade closed: target reached
Trade closed: target reached:
About USDCAD, the impact of US elections may be limited, and in the short term, USDCAD could give us some interesting trading opportunities. In this figure, we do not recommend to anticipate the market, but to wait for the swing, and follow it later. The real key events around USDCAD will be the OPEC meeting and FED decision about interest rates in scheduled in December. We'see!
Thank you for your support and rade with care!
it will be more important follow some weekly levels for next week, this pair will be in our watchlist...