The USDCAD surpasses the target – Analysis - 18-10-2019
Economies.com
2019-10-18 05:09AM UTC
The USDCAD pair managed to surpass 1.3155 level and closed the daily candlestick below it, which supports the continuation of the bearish trend scenario efficiently on the intraday and short term basis, and the way is open to visit our next target that extends to 1.3015.
Therefore, we are waiting for more decline in the upcoming sessions, taking into consideration that breaching 1.3155 followed by 1.3200 levels will lead the price to start recovery attempts to regain the main bullish trend again.
The expected trading range for today is between 1.3050 support and 1.3200 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The USDCHF price awaits the breach – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
USDCHF Price Analysis The USDCHF price continues to fluctuate around 0.9150 level and finds ...
Forex
The NZDUSD price begins with new positivity – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
NZDUSD Price Analysis The NZDUSD price shows new positive trades by today’s open, to ...
Forex
The AUDUSD price hits the target – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
AUDUSD Price Analysis The AUDUSD price succeeded to achieve our waited target at 0.6570$ by ...