Audio By Carbonatix
The bearish momentum on the USD/CAD Pair which became apparent in the month of June remains valid.
Last week, we saw a bearish fakery setup develop at key resistance level 1.32827 as the president of the United States, Donald Trump tweeted that the US Dollar is too strong and that a strong Dollar does not make US exports competitive in the international markets and so the Fed should take steps to weaken the US Dollar.
This presents no brainier selling opportunities for traders who aren’t already short on this pair.
Click this link to access the full document.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Fifa scraps controversial World Cup investment plan
4 hours -
WAFCON 2026: South Africa fight back to earn dramatic draw against Côte d’Ivoire
4 hours -
We should not over-commercialise football – Eric Alagidede
4 hours -
GFA should reject FIFA’s World Cup sale proposal – Eric Alagidede
4 hours -
Ghanaian woman jailed 5 years in US for $1.6million romance scam
4 hours -
Parliament passes Energy Sector Levies Amendment Bill to tighten fuel subsidy regime
5 hours -
Unique by Design project launched to promote disability inclusion in Ghana’s fashion industry
7 hours -
Joseph Paul Amoah finishes seventh in Commonwealth Games 200m final
7 hours -
Mahama urges Dagbon Regent to preserve peace and continue late Ya-Na’s development legacy
7 hours -
RANA asks Parliament to restrict MP Yakubu Mohammed child engagements until safeguarding training is completed
7 hours -
Rights group warns against exposing schoolgirl to fallout from MP’s comment
7 hours -
Family of Bukom crash victim visits Gender Minister ahead of funeral
7 hours -
An apology is not a safeguarding policy – RANA demands Parliament’s action over MP’s comment to schoolgirl
7 hours -
Prince Adu-Owusu: The August that changed everything
8 hours -
Ato Forson announces ‘New Economy’ policy for 2027 budget, promises shift to growth-focused spending
8 hours