The USDCAD pair shows new negative trades by today’s open to move below 1.2590, reinforcing the expectations of continuing the bearish trend, which gets continuous support by the EMA50, waiting to head towards 1.2480 as a next main target.

The price might witness some sideways fluctuation affected by stochastic positivity before resuming the expected decline, noting that consolidating above 1.2590 will stop the negative scenario and lead the price to achieve intraday gains.

The expected trading range for today is between 1.2500 support and 1.2640 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0535	0.0094	0.8994%
Update: The EURUSD breaks the support
	GBP/USD	1.2293	0.0245	2.0329%

	Silver	23.157	1.801	8.433%

	Oil	81.475	7.046	9.467%
Midday update for Crude oil 02-12-2022
	Brent Oil	85.86	-1.02	1.17%

	Gold	1795.560	45.085	2.576%
Update: Gold price under the negative pressure

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