USDCAD - 20 Mar, Accumulation price zone, near buying liquidity
USDCAD trend forecast March 20, 2025
💬The USD/CAD pair gains momentum, climbing toward 1.4320 in the late American session on Wednesday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the Federal Reserve (Fed) kept interest rates unchanged at its March meeting, in line with expectations. Meanwhile, Bank of Canada (BoC) Governor Tiff Macklem is set to speak on Thursday, addressing uncertainties related to trade tariffs.
The Fed opted to hold its benchmark interest rate steady for the second consecutive meeting on Wednesday, citing growing concerns over a slowing economy and persistently high inflation. Fed Chair Jerome Powell highlighted the significant uncertainty stemming from US President Donald Trump’s policy shifts, stating that Fed officials are prepared to wait for further clarity on their economic impact before making any policy adjustments.
💬 Accumulated price zone near H1 support liquidity zone, waiting for USDCAD buying point today
🥇/// BUY USDCAD: zone 1.43000 - 1.42850
SL: 1.42500
TP: 40 - 60 - 100pips ( 1.43850 )
Safe and profitable trading
💬The USD/CAD pair gains momentum, climbing toward 1.4320 in the late American session on Wednesday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the Federal Reserve (Fed) kept interest rates unchanged at its March meeting, in line with expectations. Meanwhile, Bank of Canada (BoC) Governor Tiff Macklem is set to speak on Thursday, addressing uncertainties related to trade tariffs.
The Fed opted to hold its benchmark interest rate steady for the second consecutive meeting on Wednesday, citing growing concerns over a slowing economy and persistently high inflation. Fed Chair Jerome Powell highlighted the significant uncertainty stemming from US President Donald Trump’s policy shifts, stating that Fed officials are prepared to wait for further clarity on their economic impact before making any policy adjustments.
💬 Accumulated price zone near H1 support liquidity zone, waiting for USDCAD buying point today
🥇/// BUY USDCAD: zone 1.43000 - 1.42850
SL: 1.42500
TP: 40 - 60 - 100pips ( 1.43850 )
Safe and profitable trading
Trade active
Absolutely increased trend. USDCAD touch 1.43900 . Great 
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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.