Forex market overview on 4.05.2023

Hello. Well, faith in a strong dollar and bearish sentiment has not yet materialized. But so far we have not run far up, rather we are keeping within the sideways. Let's see what will happen at the rates tomorrow. Below are a few recommendations on what you can pay attention to when trading tomorrow 05/04/2023


USDCAD today formed a Doji pattern. The price corrected to the maximum of the day before last and gave an upward reaction. We will probably try to pass the level of 1.3667 and update the highs. A large number of sellers in the transaction statistics should contribute to growth.

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