Daily News: trade wars are weighing again
The US is said to impose new $200 billion tariffs on Chinese goods.
Tag - cad - canadian dollar
Dovish rate hike: consequences for the CAD
The weakness of the USD supported the Canadian dollar.
Big day for the Canadian dollar
Every meeting of the central bank is vital for the currency.
USD/CAD: loonie learned 3 moves
On the daily chart, USD/CAD keeps forming “Three moves” pattern as well as “Spike and reversal with acceleration”.
Webinar: WEEKLY MARKET OUTLOOK
Do you want to get clues on the upcoming economic events?
Trading plan for July 6
Friday is full of economic events.
USD/CAD: loonie is starting to fight
On the daily chart of USD/CAD, the formation of the senior and junior AB=CD patterns provoked a pullback in line with the “Three moves” pattern.
NZD/CAD broke support zone
NZD/CAD broke support zone Next sell target - 0…
USD/CAD reversed from support zone
USD/CAD reversed from support zone Next buy target - 1…
Daily News: lots of data
More financial institutions have been worrying about trade war tensions…
NZD/CAD reversed from resistance zone
NZD/CAD reversed from resistance zone Next sell target - 0…
USD/CAD: bears want revenge
On the daily chart, USD/CAD reached 127.2% and 200% targets of the senior and junior AB=CD. This increases the risks of a reversal.
