USDCAD, BoC to hike rates this week?Hey traders, in this week we are monitoring USDCAD for a selling opportunity around 1.26 zone, in this week we have BoC rate announcement where it's expected for BoC to hike rates by 0.50. this should contribute to CAD strength.
Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Canada
GBPCAD Strong Selling opportunityHey traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.643 zone, in this week we have an important BoC statement where we expect BoC to Raise rates by 0.50 which considered very hawkish and should contribute to CAD strength.
Once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
multi-country banned from Gate.io exchange With all of the countries now banned from the gate.io platform i can only assume this will disrupt the market as many will have to close positions on future derivatives, margine, and spot , as instructed to remove funds from the exchange. Anyone in the restricted countries will have there account terminated by the end of april if they do not confirm KYC in time.
If this does have such an impact, it would be a perfect catalyst to drive price down to these nearby missed pivot points around 3k and possibly lower, considering the way the market reacted to the binance restrictions in US.
LONG TERM Dividends TA on ENB?Technical Analysis $ENB for a friend looking to add $ENB as a long-term investment
ENBRIDGE has been making gains and is a great Low P/E High Value Dividend Investment
here is a TA that brings us into 2026 $ENB Is no doubt a safe long-term investment no matter the price but that being said in this current GeoPolitical new world ENBridge could also show some growth potential that could send this stock price into a much higher tier with not much downside risk
$UVXY taking profit for a 38% gain 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Recap: My team entered $UVXY on February 9, 2022, at $12.60 per share.
Our team took profit on $UVXY this morning at $17.42 per share today to secure a 38% gain.
Congrats to those of you who took this trade!
ENTRY: $12.60
TAKE PROFIT: $17.42
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