The USDCAD bounced off swing area support and ahead of the 200 day MA earlier today. The 100 day MA was breached at 1.36343 on the topside. Can the buyers keep the momentum going? |
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Published on July 5, 2024
The USDCAD bounced off swing area support and ahead of the 200 day MA earlier today. The 100 day MA was breached at 1.36343 on the topside. Can the buyers keep the momentum going? |
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The cluster of MAs comes between 0.66448 and 0.6654
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#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:49 Technical Analysis with Optimal Entries.
2:31 Upcoming Economic Data.
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#trading #daytrading #fundamentalanalysis
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The gains for the day are erased after US PCE data today
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The price of the USDCAD is trading within the cluster of MAs but above 100 and 200-day MAs.
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It is Fed Day. What technical levels are in play for the USDCAD through the FOMC rate decision
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