USD CAD at the sideways’ resistance 25/01/2013
Economies.com
2013-01-25 04:38AM UTC
The pair continued with the positive moves to hit now 50% Fibonacci level which acts as a critical resistance at 1.0030, and as we mentioned in previous reports, breaching above this level will open the way for intraday turn to the upside.
Now, we prefer continuing with neutrality to monitor the price behavior according to the critical levels represented by the mentioned resistance and 0.9930 support
Expected trading range for today is between: 0.9930 support and 1.0150 resistance.
Expected trend for today: Neutral
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
Forex
The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
Forex
The AUDUSD price attempts positively – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price has shown new positive trades ...