ChartPros Market Insights

May 20 Chart of the Day - USD/CAD

May 20, 2024

Yes, the NHL playoffs are in full swing and it was about this same time last year when we last featured the Forex pair USD/CAD from a price action technical analysis perspective.

Plus, this is one of 16 charts we post daily in our highly rated members only trade room.

Posted in Canadian Dollar, Chart of the Day, Forex, US Dollar

Anatomy of a Potential Entry

June 08, 2020

A frequently asked question we get so often is how do we determine a potential entry level where there are multiple levels of interest within a particular zone or area.

So here is a brief 4 minute video on the Anatomy of a Potential Entry on USD/CAD for June 8, 2020.

Posted in Beginners Guide to Stock Market, Binary Trade Group, BTG, Canadian Dollar, Chart Subscription, Corona Virus, Currency trading, Free TOS Chart Link, Income Disruption?, Learn to Trade, Market Education and Training, Oanda, Price Action Mastery Course, Spot Forex, Technical Analysis, Tom Winterstein, US Dollar, USD/CAD

Will 2020 be a Breakout Year for USD/CAD?

December 20, 2019

With USMCA replacing NAFTA it leaves us to wonder what, if any, impact it could have on USD/CAD price action...

Could 2020 be the beginning of a break out or will price action be more of the same? Same being somewhat range bound 14-18 months with neither the bulls nor bears really in charge.

Posted in Canadian Dollar, Currency trading, Free TOS Chart Link, Nadex, NAFTA, Spot Forex, Stock Charts, Think or Swim, TOS, US Dollar, USD/CAD, USMCA