The USDCAD resumes the rise – Analysis - 31-03-2021
Economies.com
2021-03-31 04:14AM UTC
The USDCAD pair resumed its positive trading to settle above 1.2600 barrier, reinforcing the expectations of continuing the bullish trend, which targets 1.2705 as a next main station.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.2525 and holding below it.
The expected trading range for today is between 1.2560 support and 1.2705 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar reverses higher as markets speculate about interest rates
2024-05-06 20:54PM UTC
The dollar rose against most major rivals on Monday after stabilizing earlier in the ...
Forex
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
Forex Technical Analysis
Forex
The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...
Forex
The NZDUSD price keeps its positive stability – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
NZDUSD Price Analysis The NZDUSD price is still above the 0.6000$ level, and the positive effect ...
Forex
The AUDUSD price faces solid resistance – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
AUDUSD Price Analysis The AUDUSD price tested 0.6640$ level again and found solid resistance ...