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  • Gold prices gain as potential systemic risks out of China's Evergrande Group roil broader markets. Meanwhile, iron ore is ticking higher after a big drop on Monday as China steps up steelmaking curbs. Get your market update from @FxWestwater here:https://t.co/l4kAWDrr7M https://t.co/nmP0MX8LGM
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  • RT @FxWestwater: $AUDUSD, $AUDJPY Surge Despite Rising Treasury Yields, Looming Evergrande Risks Link: https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2021/09/23/AUDUSD-AUDJPY-Surge-Despite-Rising-Treasury-Yields--Looming-Evergrande-Risks.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr https://t.c…
  • Heads Up:🇯🇵 Core Inflation Rate YoY (AUG) due at 23:30 GMT (15min) Expected: 0% Previous: -0.2% https://www.dailyfx.com/economic-calendar#2021-09-23
  • Heads Up:🇯🇵 Inflation Rate Ex-Food and Energy YoY (AUG) due at 23:30 GMT (15min) Previous: -0.6% https://www.dailyfx.com/economic-calendar#2021-09-23
  • Heads Up:🇯🇵 Inflation Rate YoY (AUG) due at 23:30 GMT (15min) Previous: -0.3% https://www.dailyfx.com/economic-calendar#2021-09-23
  • 🇬🇧 Gfk Consumer Confidence (SEP) Actual: -13 Expected: -8 Previous: -8 https://www.dailyfx.com/economic-calendar#2021-09-23
Forex Webinar: USD/CAD Price Action Patterns

Forex Webinar: USD/CAD Price Action Patterns

Jeremy Wagner, CEWA-M, Head of Education

This is a recording of a webinar that occurred on December 7, 2016. To attend the webinar live obtain your free registration here.

In this webinar, we used technical analysis and namely, Elliott Wave Theory to identify trends and trading opportunities in main markets. USD/CAD may be early in a continued sell-off. When a new trend starts with an impulse, typically another leg lower of similar size pairs up with the first leg lower. This implies USD/CAD may work towards the low 1.20’s and possibly 1.13.

If you wish to read our quarterly outlook for EUR, GBP, JPY, USD, Oil, Gold, and/or equities, grab a copy here.

Or, if you wish to join Jeremy in his US Opening Bell webinars to discuss chart patterns on key markets and ask your questions in real time, register and join here.

Suggested Reading:Dow Jones Industrial Average Presses New Highs

---Written by Jeremy Wagner, Head Trading Instructor, DailyFX EDU

Follow me on Twitter at @JWagnerFXTrader .

See Jeremy’s recent articles at his Bio Page.

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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