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USDCAD begins positively – Analysis - 02-01-2019

2019-01-02 04:49:22 GMT (Economies.com)
USDCAD begins positively – Analysis - 02-01-2019
 

The USDCAD pair shows sideways trades recently, starting today with bullish bias to approach the bullish channel’s resistance that rises now to 1.3675, and as long as the price is below this level, the bearish trend scenario will remain suggested for the upcoming sessions, noting that breaking 1.3620 is required to reinforce the chances of heading towards 1.3475 that represents our main waited target.

 

Expected trading range for today is between 1.3550 support and 1.3700 resistance.

Expected trend for today: Bearish

 
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  Symbol Last Change Chg.%
EUR/USD
1.1053
-0.0022
0.2018%
Midday update for the EURUSD 19-09-2019
GBP/USD
1.2532
0.0049
0.3929%
Silver
17.853
0.402
2.305%
Oil
58.795
3.901
7.107%
Midday update for Crude oil 19-09-2019
Brent Oil
64.40
0.80
1.26%
Gold
1501.890
12.910
0.867%
Midday update for Gold 19-09-2019
 
 
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