The USDCAD pair traded with strong negativity yesterday to succeed achieving our second target at 1.2870, and begins today with more decline to surpass this level and open the way to head towards the next correctional station at 1.2790.

Therefore, we will continue to suggest the bearish trend on the intraday basis, taking into consideration that the continuation of the expected decline depends on the price stability below 1.2870 and the most important below 1.2955.

The expected trading range for today is between 1.2780 support and 1.2920 resistance.

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The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	0.9801	0.0145	1.5043%
Update: The EURUSD rises again
	GBP/USD	1.1074	0.0254	2.3433%

	Silver	18.825	-0.033	0.178%

	Oil	81.470	2.176	2.744%
Midday update for Crude oil 29-09-2022
	Brent Oil	88.67	-0.65	0.73%

	Gold	1660.555	15.195	0.923%
Midday update for Gold 29-09-2022

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2022-09-29 12:36:01 GMT

US economy shrinks as expected in the second quarter

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Dollar resumes gains ahead of US growth data

2022-09-29 11:38:07 GMT

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