How To Make Money Today: USD/CAD Daily Market Analysis and Forex Trading Signals 28 March 2022

To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…

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USD/CAD:

On the H4, with price expected to reverse off the stochastics indicator, we have a bias that price will rise to our 1st resistance at 1.25638 in line with the 23.6% Fibonacci retracement and the horizontal overlap resistance from our 1st support at 1.24545 in line with the horizontal swing low support. Alternatively, price may break 1st support structure and head for 2nd support at 1.23919 in line with the 161.8% Fibonacci extension.

Areas of consideration:

H4 time frame, 1st support at 1.24545
H4 time frame, 1st resistance at 1.25638

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