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Blueberrymarkets

VIDEO ANALYSIS: USD TO IGNORE TRUMP CLAIMSIn this video update, we take a look at the USD and how it could be shaping up for the week ahead. President Trump has claimed he wants to see a weaker USD so that he can form trade deals with countries, however, the market could ignore this as price action is suggesting a move back into $97.50. The monthly chart closed bullish which could suggest further upside to come for the greenback, with the weekly and daily timeframes suggesting the same. The 4hr chart will give us the early clues if we are to see upside.
TVC:DXYLong
by BlueberryMarkets
VIDEO ANALYSIS: LOOK FOR CAD STRENGTH...USDCADIn this video update, we take a look at USDCAD and how the price is finding resistance at the key 1.3300 zone. This allows us to look for potential CAD strength moves against our weaker currencies such as the NZD, AUD, CHF and GBP. We wouldn't necessarily look at this chart to trade however as the USD is seasonally strong, but using the major currency pair to our advantage we can highlight where the base or term currency will find some strength and weakness from support or resistance points, like in this example.
Short
by BlueberryMarkets