Tag: CAD
How Do I Choose the Best Forex Pair?
Jennifer -
Choosing the best forex pair for trading is a crucial decision that can significantly impact your success in the foreign exchange market. With numerous...
USDCAD Price Loses Momentum: Forecast for July 8, 2024
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USDCAD Price Analysis The USDCAD price extended its decline throughout the previous Friday, reaching the anticipated target level at 1.3590$. Currently, the price displays a...
What is the Most Profitable Time to Trade Forex?
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Trading forex offers substantial opportunities for profit, driven by the global nature of currency markets and their continuous operation. However, not all trading hours...
What Times Are Forex Markets Most Active?
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The foreign exchange (forex) market is the largest and most liquid financial market globally, where currencies are traded 24 hours a day, five days...
CADCHF Surpasses the Barrier – Forecast for July 2, 2024
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CADCHF Price Analysis: Expected Scenario: The CADCHF price initiated a new bullish rally, surpassing the 0.6563 barrier and settling above it, indicating its readiness to continue...
GBPCAD Hits Target – Forecast for July 1, 2024
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GBPCAD Price Analysis The GBPCAD price has recently experienced several bearish waves, successfully achieving the correctional target at 1.7270, which now serves as a strong...
AUDCAD Confirms Negativity – June 28, 2024
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AUDCAD Price Analysis The AUDCAD price has recently confirmed its adherence to a correctional bearish bias, marked by multiple closures below the 0.9174 barrier. This...
USDCAD Price Breaches the Resistance – Forecast for June 27, 2024
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USDCAD Price Analysis Expected Scenario The USDCAD price showed clear positive movement yesterday, breaching the $1.3690 resistance level and settling above it. This move halts the...
CADCHF Nears Significant Resistance – June 26, 2024
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CADCHF Price Analysis Recent movements in the CADCHF price have seen multiple corrective bullish waves, pushing above the MA55 indicator and settling near 0.6555. Notably,...
EURCAD Activates Correctional Decline – Forecast for June 24, 2024
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EURCAD Price Analysis Current Scenario The EURCAD pair has initiated a correctional bearish trend following substantial negative pressure. This downward movement pushed the price below the...
AUDCAD Faces Correctional Bearish Waves – Forecast for June 21, 2024
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AUDCAD Price Analysis The AUDCAD price has recently confirmed the end of its bullish momentum by encountering the 61.8% Fibonacci correction level at 0.9173. This...
USDCAD Price Heads Towards Support: Forecast for June 19, 2024
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USDCAD Price Analysis The USDCAD price is currently experiencing new negative pressure, having broken below the support line of its bullish channel. This movement suggests...