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Forex

FOREX. The “5-trillion-a-day“ market. This is the place to be, if you are wondering who is going to win or lose the currency war between the central banks worldwide. However, bankers can not brake the rules by which the market is flowing. They can only obey the laws of mass psychology.

USDCAD’s Surprising Surge Explained

usdcad 1h 6.2.17

USDCAD closed at 1.3028 on Friday, February 3rd, continuing the decline from 1.3387, which began in mid-January. So, if you have been expecting more weakness this week, nobody can blame you. After all, trading in the direction of the trend is a viable strategy. However, even the strongest trend is interrupted by an occasional correction from […]