Tag: USD/CAD

Canadian Conditions Crumble Amid Heightened Double Dip Anxiety

Canadian Conditions Crumble Amid Heightened Double Dip Anxiety After emerging from the recession in 2015 following a significant combination of monetary and fiscal stimulus, Canada...

Canadian Dollar Battles Weak Data

The US dollar faced a difficult week as the Fed provided no grounds for future hikes in 2016. After FOMC, traders and investors, continue...

Trapped Traders®: Buying USD/CAD

There is a new opportunity for trapped traders in the Canadian dollar. The trap we’re going to look at today is what I refer...

Forex Outlook: GBP/USD Trade Idea

First off, our Forex Outlook starts taking a look at our news calendar for the day today. Fairly light for the day today. We...

Buying USDCAD on a Dip into the Support Zone

It’s important to note that taking a look at the news calendar for the day today; we have limited, and lack of significant news...

Nonfarm Payrolls does not matter anymore

Yes, I cannot deny I am not too impressed with the latest NFP (nonfarm payrolls, for those of you that are new to reports...

Forex Weekly Outlook: 7 Major US Currency Pairs

Forex Weekly Outlook: 7 Major US Currency Pairs Let’s get started with our forex weekly outlook here with the US Dollar versus the Swiss...

Forex Trader Maze: Trading perspectives EUR/USD, GBP/JPY, USD/CAD, EUR/GBP

Forex Trader Maze: Trading perspectives EUR/USD, GBP/JPY, USD/CAD, EUR/GBP Yes, you do not have to email me or leave a comment. I know...the ideas I...

Michalis Markides – Market Review: How 11,000 jobs are at risk?

Market Review: How 11,000 jobs are at risk? "The discipline you learn and character you build from setting and achieving a goal can be more...

Trapped Traders®: #NFP, #USDCAD, #NZDUSD

Many years ago, there was a book called "The Rat Trap" written by a Swedish writer Selma Lagerlof. It's an interesting story that reads...

Prodigy tradersdna: $USD Pullback May Simply be a Correction Before...

We don’t really have a specific trade call or trade suggestion that I want to recommend, but I do want to go through each...

Prodigy tradersdna: Cautiously Selling EURUSD into Resistance Zone by Ross Mullins

01Dec2015 Prodigy-Trader-Program-Ross-Mullins-Selling-EURUSD-48 First off, starting here on the NZDUSD, we talked about this black box over here on the right-hand side of the chart, where...

“Black Monday”: Oil Prices Plummet amid Massive Sell-Off in Chinese Equities

Oil prices plunged on Monday to their lowest level in more than six years after a broad equities sell-off in China fuelled fresh concerns...

US Dollar Remains Supported Despite Soft ADP Employment Report

The US dollar was at more than two-week highs against world currencies Wednesday, as expectations for a US rate increase outweighed weaker than expected...

US Dollar Eases Off Highs ahead of FOMC Minutes

The US dollar declined against world currencies on Wednesday, as investors shifted their attention to the minutes of the June Federal Open Market Committee...

US Dollar Index Surges as Business Investment Plans Appreciate

  The US dollar surged on Tuesday, picking up where it left off last week as investors responded to mixed economic data. The trade-weighted US dollar...

US Dollar Rallies Following FOMC Minutes

The US dollar was back in the driver’s seat on Thursday, with the EUR/USD declining sharply following news that Greece made a crucial loan...

US Dollar Back on Its Feet After Broad Selloff

The dollar’s bullish uptrend resumed on Thursday, as the markets continued to absorb the Federal Reserve’s latest rate statement opening the door to a...