Forecast of USDCAD
This is a technical analysis, I recommend you apply any fundamental analysis to your trade to make the most of it.
For this pair I use the DXY and CXY to make my fundamental analysis work. These indexes help you understand a pair's strength Since USD is the base and if DXY is in a negative week, USDCAD is most likely going down.
You should apply CXY to make sure to know if the base pair is strong enough to go your way.
For this pair I use the DXY and CXY to make my fundamental analysis work. These indexes help you understand a pair's strength Since USD is the base and if DXY is in a negative week, USDCAD is most likely going down.
You should apply CXY to make sure to know if the base pair is strong enough to go your way.
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