The USDCAD hits the first target – Analysis - 30-03-2022
Economies.com
2022-03-30 03:55AM UTC
The USDCAD pair traded with strong negativity yesterday to achieve our first waited target at 1.2480 and settles there, waiting for more decline to break this level and open the way to head towards 1.2365 that represents the next negative target.
The EMA50 continues to support the suggested bearish wave, which its continuation requires holding below 1.2590.
The expected trading range for today is between 1.2410 support and 1.2550 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Will the US payrolls report pave the way for early Fed interest rate cuts in 2024?
2023-12-08 09:09AM UTC
Markets today await the crucial US payrolls report to gauge the strength of the US labor sector and ...
Forex
Dollar resumes gains ahead of US jobs data
2023-12-08 08:53AM UTC
Dollar rose in European trade on Friday against a basket of major rivals, resuming gains and ...
Forex
Dollar gives up three-week high ahead of unemployment claims data
2023-12-07 11:30AM UTC
Dollar declined in European trade on Thursday against a basket of major rivals away from three-week ...
Forex Technical Analysis
Forex
Evening update analysis for the EURUSD 08-12-2023
2023-12-08 15:04PM UTC
The EURUSD pair attempts to break 1.0760 level again, to hint heading to activate the negative ...
Forex
Midday update for the NZDUSD 08-12-2023
2023-12-08 10:36AM UTC
The NZDUSD pair keeps its stability above 0.6140 level, to continue suggesting the bullish trend ...
Forex
Midday update for the AUDUSD 08-12-2023
2023-12-08 10:36AM UTC
The AUDUSD pair settles around 0.6610 since morning, waiting to get positive motive that assist to ...