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USD CAD declines calmly 13/12/2012

Economies.com
2012-12-13 05:24AM UTC

The pair continues with the mild bearish bias keeping the stability below 0.9885, and this     factor supports the continuation of our expectations for moving lower on the short term basis, beside the EMA50’s negative pressure.

 

We remind you that the waited targets begin at 0.9800 followed by 0.9700

 

Expected trading range for today is between: 0.9750 support and 0.9925 resistance.

 

Expected trend for today: Bearish

GBP USD achieves the positive condition 13/12/2012

Economies.com
2012-12-13 05:24AM UTC

The pair succeeded to confirm breaching 1.6115 by a daily close above it, and that reinforces our bullish trend scenario preferred in our previous reports, supported well by EMA50.

 

The way is open now for targeting 1.6300, with being aware that a breaking below 1.6115 followed by 1.6080 will pull the price towards 1.5995 again.

 

Expected trading range for today is between: 1.6050 support and 1.6300 resistance.

 

Expected trend for today: Bullish

EUR USD retests 13/12/2012

Economies.com
2012-12-13 05:24AM UTC

The pair rallied to the upside to retest the previous breached minor channel support shown in the image, while it couldn’t settle above this support, to keep the short term trend uncertain until now, where the sideways trading range on the intraday basis continues between the critical level 1.2880 support and 1.3090 resistance, and the price needs to surpass one of these levels to get a confirmation for the next trend.

 

Stochastic negativity might force the price to achieve some declining now to test the moving average at 1.2995

 

Expected trading range for today is between: 1.2900 support and 1.3200 resistance.

 

Expected trend for today: Sideways

Midday update for NZD USD 12/12/2012

Economies.com
2012-12-12 10:45AM UTC

The pair achieved more bullish moves inside the bullish channel shown in the image, to keep our bullish trend anticipations for today activated, which gets a continuous support from the EMA50.

 

Stochastic negativity might cause some temporary sideways range fluctuation.

 

Expected trading range for today is between: 0.8300 support and 0.8450 resistance.

 

Expected trend for today: Bullish

 

Frequently asked questions

What is the price of USD/CAD today?

The price of USD/CAD is $1.3691 (2025-07-11 23:05PM UTC)