Short term trading strategies for major currencies on November 21st
November 20th Foreign Exchange Major Currency Operation Strategy
Short term trading strategies for major currencies on November 20th
The market is paying attention to inflation and oil prices in October, which may be related to the future fate of the Canadian dollar!
Short term trading guide for major currencies on November 19th
Strategist: Canadian dollar falls to four-year low, may further decline
USD/CAD is approaching its August high of 1.3920, and if it breaks through, it will further rise to 1.40!
The market has confidence in maintaining a dovish stance towards Canada, and the technical outlook for USD/CAD remains bullish!
After hitting a new historical high, gold experienced a significant pullback, and the increase in US crude oil inventories exceeded expectations, leading to a decline in oil prices
Bank of Canada cuts interest rate by 50 basis points! Can the economy be revitalized through this? Is a new round of loose policies imminent?
If Israel attacks Iranian oil facilities, the Canadian dollar may also rise!
The Canadian dollar is expected to be more resilient in the future, while the euro is expected to rise and the pound is likely to fall back!
Bank of Canada is expected to cut interest rates by another 25 basis points this week, and the USD/CAD is expected to continue its rebound!
Canada's inflation cooling and interest rate cuts are expected to increase, putting pressure on the Canadian dollar!
The US dollar has fallen to a new low since the beginning of the year, and the USD/CAD has hit a new low in over a month
Barclays: Canadian dollar underperforms, considering buying when USD/CAD falls towards 1.36
Golden crude oil foreign exchange stock index "pivot point+long short ratio" (2024/08/05)
Golden crude oil foreign exchange stock index "pivot point+long short ratio" (2024/08/02)
