π¨π¦ Volatility in USDCAD will rise today due to important reports releases
The Canadian dollar (CAD) lost 0.36% on Wednesday, as Brent and WTI oil prices dropped after the U.S. reported a larger-than-expected increase in crude oil stocks.
#Possible effects for traders
USDCAD has been trading in a clear bullish trend since the beginning of 2024, as investors pushed back their expectations of imminent rate cuts by the Federal Reserve (Fed). At the same time, traders expect the Bank of Canada (BOC) to start cutting interest rates earlier than the Fed, pricing in a 40% probability of a 25-basis-point rate cut in April, while expecting the Fed to lower rates no earlier than June. This divergence in traders' expectations is exerting upward pressure on USDCAD. However, the strong resistance the pair is facing at 1.36000 may be impossible to break without a solid fundamental impulse. This impulse may occur today as both countries will release important macroeconomic reports.
#USDCAD was declining slightly during the Asian and early European trading sessions. Today, traders should focus on 2 critical reports at 1:30 p.m. UTC. First, Statistics Canada will publish the Gross Domestic Product (GDP) report, and the U.S. will release the Personal Consumption Expenditure (PCE) Price Index. The U.S. data tends to have a more sizeable impact on the market, and it may balance out any effect from the Canadian data. Overall, volatility in USDCAD could be quite substantial. The most bullish impact on USDCAD will be in case of weaker-than-expected Canadian GDP and higher-than-expected U.S. PCE data. Thus, USDCAD may move towards 1.36500. Conversely, strong Canadian GDP figures and lower U.S. inflation numbers will put substantial bearish pressure on the pair, and the mid-term bullish trend in USDCAD may reverse.
The Canadian dollar (CAD) lost 0.36% on Wednesday, as Brent and WTI oil prices dropped after the U.S. reported a larger-than-expected increase in crude oil stocks.
#Possible effects for traders
USDCAD has been trading in a clear bullish trend since the beginning of 2024, as investors pushed back their expectations of imminent rate cuts by the Federal Reserve (Fed). At the same time, traders expect the Bank of Canada (BOC) to start cutting interest rates earlier than the Fed, pricing in a 40% probability of a 25-basis-point rate cut in April, while expecting the Fed to lower rates no earlier than June. This divergence in traders' expectations is exerting upward pressure on USDCAD. However, the strong resistance the pair is facing at 1.36000 may be impossible to break without a solid fundamental impulse. This impulse may occur today as both countries will release important macroeconomic reports.
#USDCAD was declining slightly during the Asian and early European trading sessions. Today, traders should focus on 2 critical reports at 1:30 p.m. UTC. First, Statistics Canada will publish the Gross Domestic Product (GDP) report, and the U.S. will release the Personal Consumption Expenditure (PCE) Price Index. The U.S. data tends to have a more sizeable impact on the market, and it may balance out any effect from the Canadian data. Overall, volatility in USDCAD could be quite substantial. The most bullish impact on USDCAD will be in case of weaker-than-expected Canadian GDP and higher-than-expected U.S. PCE data. Thus, USDCAD may move towards 1.36500. Conversely, strong Canadian GDP figures and lower U.S. inflation numbers will put substantial bearish pressure on the pair, and the mid-term bullish trend in USDCAD may reverse.
GbpAud Sell Now @ 1.94813
Sl 1.95300
Tp1 1.94688
Tp2 1.94300
Sl 1.95300
Tp1 1.94688
Tp2 1.94300
GbpAud sell @ 1.94850-1.94100
Sl : 1.95300
TP1 : 1.94650
TP2 : 1.94200
Sl : 1.95300
TP1 : 1.94650
TP2 : 1.94200
1000pips Builder (Free signals)
GbpAud Sell Now @ 1.94813 Sl 1.95300 Tp1 1.94688 Tp2 1.94300
Sharp Entry ! Nice Shot π
1000pips Builder (Free signals)
GbpAud sell @ 1.94850-1.94100 Sl : 1.95300 TP1 : 1.94650 TP2 : 1.94200
Shadow entry β
Sniper entry β
Zero Drawdown entry +15Pipsβ
Sniper entry β
Zero Drawdown entry +15Pipsβ
Stick close to me, I have many students around the world.
Everything in this channel is all FREEπ―
Everything in this channel is all FREEπ―
GOLD BUY NOW
(2042.5-2040.5)
TP1: 2044
TP2: 2046.5
STOP LOSS: 2038.5
(2042.5-2040.5)
TP1: 2044
TP2: 2046.5
STOP LOSS: 2038.5
ππ π¬π’π¨ ππ₯π π‘ππͺ πππ₯π, π¦ππ‘π ππ‘ π¬π’π¨π₯ π₯ππ€π¨ππ¦π§
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Hello everyone HAPPY NEW MONTHππ»
Are you ready for today's signal?
I see some good Entry for today.
UNMUTE & TURN ON NOTIFICATION βοΈ
Are you ready for today's signal?
I see some good Entry for today.
UNMUTE & TURN ON NOTIFICATION βοΈ
IS EVERYONE READY FOR TODAY GUYS ?! π₯π₯
TAP TAP NOW GUYS ! π₯π«΅π»
TAP TAP NOW GUYS ! π₯π«΅π»
π₯1
β
Risk Management Tips
πΈ Donβt Risk more then 2% of equity
πΈ keep your free margin over 60%
πΈ keep your Eye on the news
Please follow instructions carefully.
=======================
βΌοΈIt is highly recommended to follow this risk management strategy
πΉ$100-$200=0.01 lot size (Max 5 trades)
πΉ$300-$400= 0.02 lot size (Max 5 trades)
πΉ$500-$600=0.02-0.03 lot size per trade (Max 5 trades)
πΉ$1000=0.05 lot size per trade (Max 6 trades)
πΉ$2000=0.10 lot size per trade (Max 7 trades)
πΉ$3000=0.15 lot size per trade (Max 7 trades)
πΉ$4000=0.20 lot size per trade (Max 7 trades)
You can follow your Money and Risk management. These are just recommended.
Thank you
πΈ Donβt Risk more then 2% of equity
πΈ keep your free margin over 60%
πΈ keep your Eye on the news
Please follow instructions carefully.
=======================
βΌοΈIt is highly recommended to follow this risk management strategy
πΉ$100-$200=0.01 lot size (Max 5 trades)
πΉ$300-$400= 0.02 lot size (Max 5 trades)
πΉ$500-$600=0.02-0.03 lot size per trade (Max 5 trades)
πΉ$1000=0.05 lot size per trade (Max 6 trades)
πΉ$2000=0.10 lot size per trade (Max 7 trades)
πΉ$3000=0.15 lot size per trade (Max 7 trades)
πΉ$4000=0.20 lot size per trade (Max 7 trades)
You can follow your Money and Risk management. These are just recommended.
Thank you
GOLD SELL ZONE (2048-2050)
TP1: 2046.5
TP2: 2044
STOP LOSS: 2052
TP1: 2046.5
TP2: 2044
STOP LOSS: 2052
WINNERS, guess whatβ¦.?
It's not just a new monthβ¦
Itβs a FRIDAY fiesta of endless possibilities!
As we kick off March, let's inject some extra energy into those charts and wrap up the week with a BANG. π₯
Imagine thisβ¦
Friday, the gateway to the weekend, and our screens lighting up with multiple back to back profits.
We move with the flow, glide through the market with MASSIVE GROWTH. β‘οΈ
My people! let's turn this Friday around. Letβs MAKE IT HAPPEN!
Breakthroughs, breakthroughs, breakthroughs β that's the rhythm we're dancing to today.
Who's ready to make this March kickoff one for the trading history books? πͺ
It's not just a new monthβ¦
Itβs a FRIDAY fiesta of endless possibilities!
As we kick off March, let's inject some extra energy into those charts and wrap up the week with a BANG. π₯
Imagine thisβ¦
Friday, the gateway to the weekend, and our screens lighting up with multiple back to back profits.
We move with the flow, glide through the market with MASSIVE GROWTH. β‘οΈ
My people! let's turn this Friday around. Letβs MAKE IT HAPPEN!
Breakthroughs, breakthroughs, breakthroughs β that's the rhythm we're dancing to today.
Who's ready to make this March kickoff one for the trading history books? πͺ
Hello, Dear value members βΌ
We are strictly here for business before you contact us please you should be ready, we do not convince our members to work with us, We always have a lot to attend to. We will provide you with all the information you needed so you could proceed if your mind is settled to work with US...
We are strictly here for business before you contact us please you should be ready, we do not convince our members to work with us, We always have a lot to attend to. We will provide you with all the information you needed so you could proceed if your mind is settled to work with US...