weekly outlook (DXY host USD/CAD)
Updated
hey guys
just a general idea on the oil price, this week we found out that the oil prices are falling which is bad for the Canadian dollar. Canada ranks 1st in the production of oil. So this might weak the Canadian dollar for a Micro trend which is now heading north. Hopefully i think you guys caught the big move last week on the USD/CAD as it was shown on my previous analysis.So here again we are waiting for some dips to enter the market & on the flip side we are waiting for price action to confirm our entry. Look for the price action on the lower time frame to catch the big moves because the markets will give you many opportunities ,grab the ideal one instead of loosing on this. i hope the scenario is clear for you guys.
Don't forget to hit like & PM us for any queries.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Motivational Quote: Cut The Cloak According To Your Cloth.
Good Luck...!!
Regards,
Growing Forex Team
just a general idea on the oil price, this week we found out that the oil prices are falling which is bad for the Canadian dollar. Canada ranks 1st in the production of oil. So this might weak the Canadian dollar for a Micro trend which is now heading north. Hopefully i think you guys caught the big move last week on the USD/CAD as it was shown on my previous analysis.So here again we are waiting for some dips to enter the market & on the flip side we are waiting for price action to confirm our entry. Look for the price action on the lower time frame to catch the big moves because the markets will give you many opportunities ,grab the ideal one instead of loosing on this. i hope the scenario is clear for you guys.
Don't forget to hit like & PM us for any queries.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Motivational Quote: Cut The Cloak According To Your Cloth.
Good Luck...!!
Regards,
Growing Forex Team
Note
hey guys catch the move as early as possibleNote
Note
Short Setup
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