USD CAD stuck in the middle 21/11/2012

2012-11-21 05:50:40 GMT (Economies.com)
 

The pairs’ decline stopped in the middle between 61.8% and 50% Fibonacci levels shown in the image, while Stochastic enters the oversold levels to offer chances for some temporary sideways range fluctuation.

 

In general, the main bearish trend remains valid and preferred, requires two main conditions to be achieved, first: clear breach to 0.9885, and the second is stability below 1.0030

 

Expected trading range for today is between: 0.9800 support and 1.0030 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2166
-0.0007
0.0571%
1.4151
0.0015
0.1051%
Tadawul
10322.68
86.96
0.85%
27.521
-0.283
1.018%
65.010
-0.382
0.584%
68.30
0.01
0.01%
1834.525
-9.700
0.526%
 
 
Live Forex Updates