Tag - cad - canadian dollar

GBP/CAD is losing ground
GBP/CAD is losing ground

GBP/CAD tried to recover in August, but its progress wasn’t very impressive. A “Dark Cloud Cover” pattern was formed on the W1.

Trading plan for August 27
Trading plan for August 27

There's some optimism about the potential trade deal between America and China, but traders are still cautious. All in all, there are some interesting trade setups. Watch the video to learn more!

Levels for trading USD/CAD
Levels for trading USD/CAD

To gain the ability to head higher, towards 1.3445, USD/CAD needs to overcome 1.3355 (61.8% Fibo of the May-July decline).  

EUR/CAD is under pressure
EUR/CAD is under pressure

EUR/CAD has tried to return above the previous support and now resistance line connecting the lows of 2015 and 2017.

Weekly Market Outlook: August 5-9
Weekly Market Outlook: August 5-9

After the rate cut by the Federal Reserve and intensified trade tensions last week, the risk sentiment in the market will be under the main attention.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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