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
The CAD’s quiet confidence
While the U.S.-Iran war has negatively impacted several risk-on currencies, the Canadian dollar was a relative outperformer, as higher oil prices often support the loonie’s value. However, with the CAD’s strength proving short-lived during the crude oil spike in 2022, are there any parallels between now and then? To gain a deeper understanding of the price action, technical analysis is an excellent tool to uncover clues about positioning, momentum, and sentiment. What signals should you be monitoring?
In this webinar, we’ll explain:
- How the USD/CAD has performed since the war began
- The key support and resistance levels that could determine if the currency pair breaks out or breaks down
- How Fibonacci retracement analysis provides even greater insights into where inflection points may occur
- Day and swing trading strategies that professionals use to trade currencies and manage risk
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