This week started with sizable gaps on most financial instruments. We saw the biggest movements on the Canadian dollar and the Mexican peso. This was due to the imposition of higher 25% tariffs on goods exported to the US from Canada and Mexico. The situation on the currency market began to change when news emerged that the new tariffs had been postponed until early March. Currently, markets are returning to normal, i.e. moving in the directions indicated by technical analysis. Of course, we must be prepared for any eventuality, as at any time there could be another announcement from the White House following President Trump’s new executive order.
More here in this short video analysis:
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Links: BASIC (beginners room) ADVANCED ROOM
The above analysis is based on the PA+MACD strategy, a detailed description of which you can read HERE . I will talk more about the PA+MACD strategy applied to these currency pairs during the live trading sessions, which you can attend from Monday to Friday.
