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The USDCAD achieves more gains – Analysis - 09-03-2022

2022-03-09 04:23:37 GMT (Economies.com)
The USDCAD achieves more gains – Analysis - 09-03-2022
 

The USDCAD pair keeps providing the strong positive trades to touch 1.2900 barrier, reinforcing the expectations of continuing the bullish trend, which targets 1.2950 as a next main station.

 

Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, noting that holding above 1.2835 represents initial condition to continue the positive scenario.

 

The expected trading range for today is between 1.2830 support and 1.2960 resistance.

The expected trend for today: Bullish

 
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  Symbol Last Change Chg.%
EUR/USD
1.0331
-0.0110
1.0559%
Midday update for the EURUSD 29-11-2022
GBP/USD
1.1985
-0.0063
0.5229%
Silver
21.153
-0.203
0.951%
Oil
78.680
4.251
5.712%
Midday update for Crude oil 29-11-2022
Brent Oil
85.01
1.73
2.08%
Gold
1750.950
0.475
0.027%
Midday update for Gold 29-11-2022
 
 
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