USDCAD trend forecast Jan 07 , 2026
💬EUR/USD slides more than 0.25% on Tuesday, retreating to around 1.1690 after failing near 1.1740, as weak Eurozone data reinforces concerns over slowing growth. The common currency remains under pressure despite mixed US economic releases and neutral-to-dovish Fed commentary. Meanwhile, the US Dollar stabilizes as geopolitical risk premia fade following the capture of Venezuela’s president, while the lack of progress in Russia-Ukraine peace talks continues to weigh on the euro.
💬 Buying pressure broke through the key resistance level of 1.38000. A bullish cup pattern formed, awaiting a retest of liquidity around 1.38000 and a continuation of the uptrend.
🥇/// BUY USDCAD : zone 1.38000 - 1.37850
SL: 1.37600
TP: 40 - 60 - 100 PIPS ( 1.38850 )
Safe and profitable trading
💬EUR/USD slides more than 0.25% on Tuesday, retreating to around 1.1690 after failing near 1.1740, as weak Eurozone data reinforces concerns over slowing growth. The common currency remains under pressure despite mixed US economic releases and neutral-to-dovish Fed commentary. Meanwhile, the US Dollar stabilizes as geopolitical risk premia fade following the capture of Venezuela’s president, while the lack of progress in Russia-Ukraine peace talks continues to weigh on the euro.
💬 Buying pressure broke through the key resistance level of 1.38000. A bullish cup pattern formed, awaiting a retest of liquidity around 1.38000 and a continuation of the uptrend.
🥇/// BUY USDCAD : zone 1.38000 - 1.37850
SL: 1.37600
TP: 40 - 60 - 100 PIPS ( 1.38850 )
Safe and profitable trading
Trade attivo
Sideway around 1.38000MOON | Forex Academy hopes to bring the best experience to the Forex community
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💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠My channel:
" t.me/+wmcIWR0hqD5mYjhl "
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
