USD CAD attempts to turn back 31/07/2013
Economies.com
2013-07-30 23:47PM UTC
The pair provided positive attempts yesterday and settled at the previously broken bullish channel’s support, while the price still below the EMA50 which represents an intraday resistance at 1.0340, which makes us continue in preferring the intraday bearish trend scenario, which is targeting 1.0135
Stochastic positivity explains the reasons of yesterday’s bullish bias.
Expected trading range for today is between: 1.0130 support and 1.0375 resistance.
Expected trend for today: Bearish
Forex and Currency News
Forex
US retail sales beat expectations in March
2024-04-15 12:39PM UTC
US retail sales rose 0.7% in March, beating estimates of a 0.4% increase, while down from 0.9% in ...
Forex
Euro tries to recoup from five-month trough amid bearish outlook
2024-04-15 08:41AM UTC
Euro rose in European trade on Monday against a basket of major rivals amid attempts to recoup from ...
Forex
Euro sharpens decline to five-month lows on concerns about the interest rate gap
2024-04-12 08:04AM UTC
Euro fell in European trade on Friday against a basket of major rivals, sharpening losses for the ...
Forex Technical Analysis
Forex
The EURGBP tends to resume the decline – Forecast today – 16-4-2024
2024-04-16 05:51AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP pair confirmed its affection by the ...
Forex
The EURJPY achieves some gains – Forecast today – 16-4-2024
2024-04-16 05:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair rallied upwards yesterday to ...
Forex
The GBPJPY needs to surpass the barrier – Forecast today – 16-4-2024
2024-04-16 05:46AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair achieved some gains yesterday by ...