Daily Pivots: (S1) 1.3281; (P) 1.3345; (R1) 1.3385; More…. Intraday bias in USD/CAD stays on the downside. Fall from 1.3704 would target 1.3224 key support level. Strong support is still expected from there to bring rebound. But decisive break would carry larger bearish implication. On the upside, above 1.3426 minor resistance will turn intraday bias
USDCAD Outlook
Daily Pivots: (S1) 1.3345; (P) 1.3387; (R1) 1.3433; More…. USD/CAD’s decline resumed by breaking through 1.3320 and intraday bias is back on the downside. Fall from 1.3704 would target 1.3224 key support level. Strong support is still expected from there to bring rebound. But decisive break would carry larger bearish implication. On the upside, above
Daily Pivots: (S1) 1.3345; (P) 1.3387; (R1) 1.3433; More…. Range trading continues in USD/CAD and intraday bias stays neutral. On the downside, break of 1.3320 will resume the fall from 1.3704 to 1.3224 key support level. On the upside, though, above 1.3519 will turn bias back to the upside for 1.3704 resistance. In the bigger
Daily Pivots: (S1) 1.3339; (P) 1.3376; (R1) 1.3405; More…. USD/CAD is still bounded in range of 1.3320/3519 and intraday bias remains neutral first. On the downside, break of 1.3320 will resume the fall from 1.3704 to 1.3224 key support level. On the upside, though, above 1.3519 will turn bias back to the upside for 1.3704
Daily Pivots: (S1) 1.3333; (P) 1.3376; (R1) 1.3409; More…. Range trading continues in USD/CAD and intraday bias stays neutral at this point. On the downside, break of 1.3320 will resume the fall from 1.3704 to 1.3224 key support level. On the upside, though, above 1.3519 will turn bias back to the upside for 1.3704 resistance.
Daily Pivots: (S1) 1.3337; (P) 1.3418; (R1) 1.3461; More…. Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3320 will resume the fall from 1.3704 to 1.3224 key support level. On the upside, though, above 1.3519 will turn bias back to the upside for 1.3704 resistance. In the bigger picture
USD/CAD fell sharply after hitting 55 day EMA and 1.3519 last week. But stays above 1.3320 support. Initial bias remains neutral this week first. On the downside, break of 1.3320 will resume the fall from 1.3704 to 1.3224 key support level. On the upside, though, above 1.3519 will turn bias back to the upside for