USDCAD trend forecast March 21, 2025
💬USD/CAD tries to rebound from recent declines, hovering around 1.4330 during Asian trading hours on Friday. The pair could gain support as the US Dollar (USD) benefits from safe-haven demand amid escalating global trade tensions fueled by US tariff policies.
Federal Reserve (Fed) Chair Jerome Powell minimized the long-term inflationary effects of tariffs, describing them as temporary, though he acknowledged the heightened economic uncertainty. While the risk of recession has risen, Powell indicated that it remains relatively low.
💬 price moves slowly in the downtrend line, along with good news forecast for CAD today. selling pressure on USDCAD
🥇/// SELL USDCAD : zone 143.300 - 143.400
SL: 143.700
TP: 40 - 60 - 100pips ( 142.400 )
Safe and profitable trading
💬USD/CAD tries to rebound from recent declines, hovering around 1.4330 during Asian trading hours on Friday. The pair could gain support as the US Dollar (USD) benefits from safe-haven demand amid escalating global trade tensions fueled by US tariff policies.
Federal Reserve (Fed) Chair Jerome Powell minimized the long-term inflationary effects of tariffs, describing them as temporary, though he acknowledged the heightened economic uncertainty. While the risk of recession has risen, Powell indicated that it remains relatively low.
💬 price moves slowly in the downtrend line, along with good news forecast for CAD today. selling pressure on USDCAD
🥇/// SELL USDCAD : zone 143.300 - 143.400
SL: 143.700
TP: 40 - 60 - 100pips ( 142.400 )
Safe and profitable trading
Trade active
USDCAD Break Trend, tends to increase
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.