If fundamental state of affairs is going to force the Dollar to move up, then we should wait for a breakdown at the level of 1.3580. This will also give us an overview of Oil prices.
There is strong trading happening with USD/CAD, as GBP still remains under pressure and is heading towards a bullish engulfing.
After two two consecutive losing sessions, the USD/CAD has started to show minor gains in the start of this week. Take advantage of any rebounds towards 1.3380 to sell the pair.
Important events that will change the market in the next week.
Find out the key market-moving events to watch for in the coming week
Find the key market-moving data to watch for in the upcoming week.
The Dollar renews advances together with Oil, as investors seem to bet on worldwide economic expansion in 2017.
The Dollar slides despite upbeat GDP data, the volatility drops on the low market volume on the eve of Christmas.
Find the most crucial economic events that happen next week and benefit from them!
The European currency staged a rebound after surrendering to the pressure from Dollar, sending the currency to a 13-years low.
The oil exporting OPEC and non-OPEC countries had a meeting in Vienna on the 11th December.
The manufacturing countries will be proposed to reduce the production output by 600 thousand barrels per day. Of course, it can boost the Oil rates on Monday.
Make smart decisions and know all the important dates next week, when you to make serious advances in your trading.
Find the key market developments of the week.
See all the important events and releases that affect the forex market, so you could be timely and earn the biggest gains.