USDCAD gets a positive signal – Analysis - 27-12-2018

2018-12-27 05:28:24 GMT (Economies.com)
USDCAD gets a positive signal – Analysis - 27-12-2018
 

The USDCAD pair shows sideways trades since yesterday and settles near the bullish channel’s resistance, noticing that stochastic overlaps positively now, which forms positive motive that we are waiting to assist to push the price to test 1.3620 level to open the way to target 1.3792 level as a next positive station.

 

Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 1.3525.

 

Expected trading range for today is between 1.3550 support and 1.3670 resistance.

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1387
-0.0076
0.6656%
1.2871
0.0014
0.1073%
15.553
-0.045
0.288%
52.010
0.390
0.755%
61.06
-0.26
0.42%
1292.085
4.325
0.336%
 
 
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