USDCAD decrease - important news, GOOD CAD - BAD USD
Updated
USDCAD trend forecast January 10, 2025
The USD/CAD pair remains in positive territory for the fourth straight day, hovering around 1.4400 during Friday's early Asian session. The Greenback continues to draw support from the Federal Reserve's (Fed) cautious approach. Market participants now await December labor market data from both the US and Canada.
Inflation worries, fueled by potential tariffs proposed by the incoming Donald Trump administration, have raised expectations that the US central bank may adopt a slower pace of interest rate cuts this year, further bolstering the US Dollar (USD).
USD and CAD news are released at the same time, it will be very volatile. According to experts predicting good possibilities for CAD, the USDCAD pair is under pressure.
/// SELL USDCAD : zone 1.44150 - 1.44300
SL: 1.44550
TP: 40 - 80 - 200pips ( 1.42300)
Safe and profitable trading
The USD/CAD pair remains in positive territory for the fourth straight day, hovering around 1.4400 during Friday's early Asian session. The Greenback continues to draw support from the Federal Reserve's (Fed) cautious approach. Market participants now await December labor market data from both the US and Canada.
Inflation worries, fueled by potential tariffs proposed by the incoming Donald Trump administration, have raised expectations that the US central bank may adopt a slower pace of interest rate cuts this year, further bolstering the US Dollar (USD).
USD and CAD news are released at the same time, it will be very volatile. According to experts predicting good possibilities for CAD, the USDCAD pair is under pressure.
/// SELL USDCAD : zone 1.44150 - 1.44300
SL: 1.44550
TP: 40 - 80 - 200pips ( 1.42300)
Safe and profitable trading
Trade active
+ 30 pips , GREAT signal SELL USDCAD ( 1.44150 - 1.44300) 
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