Air and water pollution control., FX Trading, Macroeconomics

Saturday 6 January 2018

#FOREX Expectations USDCAD to return back.



Last week I opened several good Long positions on USDCAD pair which were hit by the ridiculous predictions for CAD and USD. The pair sink significantly from 1.28 to 1.23 in almost a day.

However, this week forecast is to return at least to 1.25. This could be seen from:


Its obvious that the long positions will prevail.

Another good currency is JPY which made significant drop last seven days and now is time for return against some of the weak currencies at the moment.



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