December 31 USDCAD ZeroMarket analysis

Hello,


Already it’s the last analysis for this year.

Don’t forget to “Follow” me and press “Likes”.

I will begin USDCAD FX margin trading analysis for December 31th







This is 30m candle chart of USDJPY for yesterday.

Precisely it followed the short position route.

It is $600 profit based on 1 contract.

Congratulations.







This is 30m candle chart for USDCAD.

As a whole, the downtrend is very strong.

In case of route A, please wait for the final short position.
And for route B, wait for long position.

Please operate your long position shortly.

Today we have short position unless the price breaks out green parallel resistance line with an additional candle. If it does, call it a day with no position.

Please also check out AUDUSD which moves the opposite way to USDCAD.

Hope you have a restful day and happy new year!

Thank you.




(Translation
Jae Ho Shin)