The price of the USD/CAD currency pair has aggressively surpassed its moving average of 1.3070, trading at a current price of 1.3112 as of 12:40 PM, ET, November 8, 2018. The Mstardom Finance Forex Trading Strategy told us that a strong mean reversion possibility has developed, and we should be prepared to trade this opportunity if we weren’t already in the trade....
As of writing, November 7, 2018 @ 12:26pm, the CAD’s hammer against the USD is packing 0.17% punch while the USD’s hammer against the CAD is packing -0.16% punch. So, at this moment, the Canadian dollar is packing a stronger punch, which means that the Canadian dollar is gaining strength against the USD. So, traders can take advantage of this strength difference...
The EUR/USD Currency pair will continue to fall. Why will t his happen? There are several factors directly responsible for the rapid decline of the Euro. The first one is interest rates. Bond investors invest their money in countries that have rising interest rates, such as the U.S.(2.25%). On the other hand, bond investors withdraw their money and investments...
