The USD/CAD forex pair is influenced by:
- Commodity prices, especially oil
- Interest rate differentials between the US and Canada
- Economic indicators such as GDP, employment, inflation, and trade balances
- Market sentiment and global risk appetite
- Political events
Monitor your trades. Key factors are mentioned above so trade accordingly
- Commodity prices, especially oil
- Interest rate differentials between the US and Canada
- Economic indicators such as GDP, employment, inflation, and trade balances
- Market sentiment and global risk appetite
- Political events
Monitor your trades. Key factors are mentioned above so trade accordingly
Trade closed: target reached:
Tp1 hit 200+ pips done Alhamdulillah