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With geopolitics taking center stage in October, the Middle East conflict had traders shifting from risk-on to risk-off positioning. And with the safe-haven U.S. dollar often supported by heightened anxiety, the greenback still has some staunch supporters. However, with the FOMC poised to continue cutting interest rates, could the strength be a countertrend rally, or has the USD found a solid foundation? To uncover clues, experienced traders often use technical analysis to infer probabilities about future events. But, which indicators should be on your radar?

In this webinar, we’ll explain:

• How major USD pairs performed recently, and what levels resulted in price pivots
• What popular technical indicators signal about the USD's current sentiment
• How to draw trendlines and make assumptions about support and resistance
• Risk management strategies to help protect your portfolio when news headlines create volatility.

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