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I think that at the beginning of November the USD/CAD pair will be mostly bullish. In the USD Index weekly chart below, we can see an obvious trend and a few hammer candlesticks, so I expect this pair to go up at first.
I have another chart that I think is important for this month. We don't often use monthly charts, but in this case it can be very useful. We see the trend line that lasted 7 years, at first as a support and now as resistance. Even though that I expect US dollar to be strong, I t…
I have another chart that I think is important for this month. We don't often use monthly charts, but in this case it can be very useful. We see the trend line that lasted 7 years, at first as a support and now as resistance. Even though that I expect US dollar to be strong, I t…