The USDCAD achieves more gains – Analysis - 30-09-2021
Economies.com
2021-09-30 04:17AM UTC
The USDCAD pair surpassed 1.2720 level and closed the daily candlestick above it, to head towards achieving expected gains in the upcoming sessions, noting that breaching 1.2770 will push the price to visit 1.2840 direct.
Therefore, the bullish bias will be expected for today, supported by moving above the EMA50, noting that breaking 1.2720 followed by 1.2665 levels will stop the suggested positive scenario and press on the price to decline again.
The expected trading range for today is between 1.2665 support and 1.2820 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex
US consumer prices miss estimates in April
2024-05-15 12:39PM UTC
US consumer prices rose 0.3% m/m in April, missing estimates of a 0.4% ...
Forex
Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 15-05-2024
2024-05-15 17:43PM UTC
The EURUSD price managed to achieve our first waited target at 1.0875$ and attempts to breach it, ...
Forex
The NZDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows more bullish bias to reach ...
Forex
The AUDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial breach ...