MrHowMuch

MrHowMuch

Traders, what’s happening? This is a secondary BUY position I’m placing on USDCAD. I believe in this particular setup. The secondary breakout is another confirmation. Full description on the previous post, I will leave a link

MrHowMuch

Canada's dollar is near its weakest in over four years, having fallen sharply after Trump in November threatened a 25% tariff on Canada and Mexico until they clamped down on drugs and migrants. A full-fledged trade war necessitating additional Canadian rate cuts could push the loonie to the 1.50 mark against the U.S. dollar, said ING's Pesole.

MrHowMuch

What’s up traders? Hope you all well. The 25% tariff on Canadian exports has significantly weakened the loonie. Political fallout followed, with Prime Minister Justin Trudeau resigning on the back of the tariffs, reflecting the economic and political strain on Canada. These are my thoughts on USD/CAD: Price recently broke out of a downtrend. However it has...

MrHowMuch

What’s up traders? Here are my thoughts on USDCAD. The Bank of America does not anticipate the Bank of Canada to react to the potential political uncertainty, as they believe the BoC is comfortable maintaining its rate in the neutral range. The Canadian Dollar is expected to continue acting as a buffer amidst potential changes in US policies towards...

MrHowMuch

NASDAQ:AMD stands out as a compelling buy this week, with the upcoming 2025 Consumer Electronics Show (CES) serving as a major catalyst. AMD is gearing up for a major showcase at the CES 2025 tech conference in Las Vegas, at which it is expected to reveal its next-generation GPU. The company is scheduled to hold a press event on Monday. In the past, AMD shares...

MrHowMuch

Happy Saturday traders! 😎💰 Would like to share what my thoughts were on the USDCAD BUY TRADE I took going into the new year. The USD/CAD was trading above a KEY RESISTANCE area. As explained by the red/black/green indications on the chart. Don’t forget to like and share your thoughts on this awesome trade.

MrHowMuch

What’s up traders! 😎💰 Would like to know what your thoughts are on USDCAD… The USD/CAD pair is currently trading ABOVE a KEY SUPPORT area. Expecting a 90 pip upside move in the next couple of hours. Don’t forget to like and share your thoughts as well

MrHowMuch

What’s up traders! 😎💰 Would like to know what your thoughts are on USDCAD… The USD/CAD pair is currently trading below a KEY RESISTANCE area. Expecting a 30 pip drop in the next coupe of hours. Don’t forget to like and share your thoughts as well

MrHowMuch

Looking at XAUUSD, I do favour it going lower back to $1950 and probably $1945. This is potentially a 300+ pip trade. With 1:3 Risk/Reward. Today’s structure broke out of consolidation but failed to take out previous highs which were created last Friday. This might be a sign of slowing momentum.. Let’s see how this one performs.

MrHowMuch

Afternoon traders, hope you’re all well. I’m looking at a possible reversal trade on AUDUSD. Those who have been around for a while will know Wednesdays are known for reversals. Should price sustain above the blue barrier we might see a sharp move to the upside. Aiming for 35-50 pips on this one. Good luck!

MrHowMuch

Happy Wednesday, I hope everyone is doing well. Veteran traders will know what Wednesdays are famous for ;-) … Gold has been free falling and a retracement is bound to happen. Personally, I expect the bounce to happen later on this week. Give the market room to breathe before the move happens, 150-200 pips seems about right. Projecting 800 pips to the upside

MrHowMuch

At the time of this posting, USDCAD hasn’t really moved for the day despite all major pairs being relatively volatile today. While the US dollar has been soft for most sessions today, Risk remains off. The oil industry contributes 3% to the Canadian GDP. For the moment I am monitoring oil prices. If we see a bounce in oil, expect this setup on USDCAD to follow...

MrHowMuch Updated 

Traders! Hope you’re all doing well. This is an active long position on EURUSD. I’ve been waiting for this setup to mature for 2 days. I’m aiming to capitalise on a 110-150 pip move to the upside. Risking just over 35 pips, making this a 1:3 Risk/Reward Setup. Will update soon. Thanks!

MrHowMuch

Hello traders, hope you’re all doing well. Looking at SHORTING USDCAD ahead of today’s Canada Employment Change Event in New York Session. I’m anticipating that the print will come out higher than expected. For reference, the last Employment Change Event was on the 10th of March. The print came out higher than expected and price dropped 60+ pips which is...

MrHowMuch

Happy New Year traders🏆🔥 hope you all well. This is a short trade I’m currently in, expecting price to fall back to 1785-1783 in the next few trading days. Not any major news to look out for. Let’s see how this one performs

MrHowMuch

What’s up traders? I just published a similar idea on XAGUSD. I personally think we could see a mid-week reversal of all commodities. The infamous M formation, a notable reversal pattern seems to be playing out. Let’s see how this one performs, I’ll leave a link to my XAGUSD idea down below.

MrHowMuch

Traders what is going on?🔥 Hope you all had a wonderful weekend 🎄❤️ Let’s get back to it. Price held firmly below 24.292, I am expecting a reversal all the way back to 22.85. I have a similar view on all commodities particularly XAUUSD (GOLD) and USOil. Let’s see how this one performs :-)

MrHowMuch

What is going on traders? 🏆 Last full trading week of the year. A lot is going on. BoJ surprise announcement to control the Yield Curve (YCC). This is obviously weighing on the U.S Dollar which is down over 3% against the Yen counterpart on the day. Another story shaping our current narrative is the possibility of China reopening it’s economy. Commodity...