🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 1.44900
However I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 1.26000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰🗞️
A bullish scenario for the USD/CAD pair would involve a combination of factors that would lead to an increase in the value of the US dollar relative to the Canadian dollar. Here are some possible factors that could contribute to a bullish scenario:
Strong US Economic Growth: A strong US economy, with rising GDP growth, low unemployment, and increasing consumer spending, could lead to an increase in the value of the US dollar.
Interest Rate Hikes: If the Federal Reserve raises interest rates more aggressively than expected, it could lead to an increase in the value of the US dollar, as higher interest rates would make the US dollar more attractive to investors.
Weak Canadian Economic Growth: A weak Canadian economy, with slow GDP growth, high unemployment, and decreasing consumer spending, could lead to a decrease in the value of the Canadian dollar.
Commodity Price Decline: A decline in commodity prices, such as oil and gold, could lead to a decrease in the value of the Canadian dollar, as Canada is a major exporter of these commodities.
Bank of Canada Dovishness: If the Bank of Canada takes a dovish stance on monetary policy, it could lead to a decrease in the value of the Canadian dollar, as investors would expect lower interest rates and a more accommodative monetary policy.
The USD/CAD pair is looking interesting right now. Based on the latest analysis, it seems that the pair is likely to grow, Some experts are predicting a bullish continuation, with the price potentially breaking above the range's resistance. However, others are warning of a potential reversal, with the pair showing signs of exhaustion and a possible shift in momentum.
In terms of fundamentals, the US CPI for May is predicted to rise 0.7% monthly and 8.3% annualized, which could impact the USD/CAD pair. Additionally, the Canadian Employment Report for May is predicted to show the addition of 30.0K jobs and an Unemployment Rate of 5.2%, which could also affect the pair.
Overall, it's a bit of a mixed bag, but it seems that the bullish scenario is gaining traction. Of course, it's always important to keep an eye on the latest news and analysis, as things can change quickly in the forex market...........................
Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂