Live market review with OANDA
This 30-minute webinar is hosted by an experienced trader, it will provide you with insight that you need to trade FX CFDs strategically.
This 30-minute webinar is hosted by an experienced trader, it will provide you with insight that you need to trade FX CFDs strategically.
What we'll cover:
Join market analysis webinars for a live market update and analysis on the recent price movements of the major currency pairs.
Dates
Has the CAD gained popularity?
While macroeconomic and geopolitical volatility created large swings in developed-market USD currency pairs, the USD/CAD largely ignored all of the drama. Moreover, with the loonie gaining the upper hand since the pair peaked in August, the battle lines have been drawn between roughly 1.30 and 1.40. However, with the greenback typically benefiting from safe-haven investment flows, does the recent global turmoil support a stronger USD? Or, do the technicals signal a continuation of the CAD’s comeback?
In this webinar, we’ll explain:
- How the USD/CAD’s price action has unfolded across different timeframes
- How the currency pair’s movement compares to other rivals like the EUR/USD and GBP/USD
- Popular moving averages that have marked historical support and resistance
- Strategies to manage risk during volatile periods