USDCAD, H4 On the H4, USDCAD, after a sharp fall, reached a critical support area and rebounded. DeMarker came out of the oversold zone, which makes a slight rise possible on a break above the AMA. We may consider buying USDCAD on a break above 1.4350 with a target of 1.4480; The post USDCAD: Rebound […]
The dollar index was firmer on Tuesday and recovering from Monday’s turbulence, sparked by DeepSeek shockwave. Today’s gap higher opening and (so far limited) bounce were sparked by Trump’s renewed tough tariff rhetoric. The action is calmer compared to Monday’s wide swings and signal potential recovery (if talks about tariffs do not fade again) after […]
The post USD Index: Dollar Regains Traction on Renewed Tariff Talks, Awaits FOMC Decision appeared first on Action Forex.
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