USD/CAD Weekly Technical Report 24-28/11/2014
ecPulse
2014-11-24 09:11AM UTC
The pair dropped last week and stabilized this week below the support of the ascending channel, and below 23.6% correction at 1.1270. Trading below the referred to level is negative especially that RSI and MACD are showing a bearish bias.
Linear Regression Indicators are negative which support the possibility of touching 1.1140 represented in 38.2% correction. Only a break above 1.1360 fails our negative expectations.
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC