| The USDCAD is trading near a swing high resistance target just ahead of the BOC rate decision. Will it be a sell the fact and correct modestly lower or will the buyers (sellers of the CAD) continue the move higher toward August highs? |
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
You Might Also Like
AUDUSD breaks and moves away from key 100-day MA. Sellers in control. What next?
2024-10-16
The 100-day MA at 0.6694 is now a close risk level for sellers looking for more downside momentum
USDCAD is snapping back higher after a stronger jobs report. Buyers back in control
2024-10-11
What is the down and up price action doing to the technicals.
Kickstart the FX trading day for Aug. 9 w/a technical look at the EURUSD, USDJPY & GBPUSD
2024-08-09
IN the kickstart video for August 9, I take a look at three of the major currency pairs, the EURUSD, USDJPY and GBPUSD from a technical perspective
Why does the 100/200 bar movings averages work? it is all about risk
2024-08-07
It doesn’t matter what chart time period, traders watch and use the 100/200 bar MA to define and limit risk.
USDCAD back down and testing a key area. What is it and what is the roadmap going forward?
2024-08-06
The USD is testing a key swing area as it threatens to head back into a consolidation area.
Tags: Featured,newsletter
