USDCAD within tight track – Analysis - 14-02-2018
Economies.com
2018-02-14 04:56AM UTC
The USDCAD pair begins today’s trading with slight bearish bias that hints resuming the expected bearish trend on the intraday and short term basis, which supports the continuation of our bearish overview for the upcoming period, waiting to visit 1.2463 level mainly.
The price needs to break 1.2530 level to ease the mission of continuing the expected decline, which will remain valid unless breaching 1.2717 level and holding above it.
Expected trading range for today is between 1.2460 support and 1.2610 resistance.
Expected trend for today: Bearish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
Update: Weak trades, waiting the US economic data
2024-05-03 08:20AM UTC
The major currencies’ pairs and commodities show weak and tight trades since morning, waiting ...
Forex
The EURJPY threats the support – Forecast today – 3-5-2024
2024-05-03 07:07AM UTC
Scenarios Scenario 1: Potential for Positive Momentum EURJPY pair unable to shake off negative ...
Forex
The GBPJPY fluctuates near the support – Forecast today – 3-5-2024
2024-05-03 07:06AM UTC
Scenarios Scenario 1: Activation of Bullish Momentum GBPJPY pair forms new negative waves, ...