Economic Data: Pay close attention to economic data releases from both the United States and Canada. These can include GDP growth, employment numbers, inflation rates, and interest rate decisions from their respective central banks (the Federal Reserve for the US and the Bank of Canada for Canada). Commodity Prices: The Canadian economy is heavily reliant on...
As we can see on PEPPERSTONE:USDCAD 4H chart price braked 4H high & now price retrace to imbalance area. Here we can see 2 areas as our entry point. 1st area is low probability may be act as internal liquidity garbing area. 2nd area acting as strong DEMAND as occur to BOS in 4H chart. We are personally looking dis area as our entry point.
USDCAD is moving in a descending channel. Price action is testing a resistance level. We might see a short-term pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, welcome to this USDC dominance update. I hope you guys followed my previous USDC.D update. If you haven't then do check out the link below and go through the update. Timeframe: 3 Days. Description: USD Coin ( USDC ) is a cryptocurrency whose value is tied to the U.S. dollar. USD Coin is a stablecoin, and as such one USDC should always be...
Hello traders, I hope you guys are doing great. Here's an update on USDC Dominance. Timeframe: 3 Days. Update: The market is dropping once again as expected. With the recent rally, it is likely to see the USDC.D at 7.5% where we have a strong resistance which means BTC can possibly reach $17k. I strongly feel that we will soon see rejection in the USDC.D. The...
Hello wonderful traders, welcome to my quick USDC Dominance update. Timeframe: 3 Days. Description: USD Coin (USDC) is a cryptocurrency whose value is tied to the U.S. dollar. USD Coin is a stablecoin, and as such one USDC should always be equal in value to one dollar. USD Coin is currently the second-largest stablecoin, with a current market capitalization...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions