Daily Pivots: (S1) 1.3660; (P) 1.3712; (R1) 1.3740; More… No change in USD/CAD’s outlook as sideway trading continues below 1.3897. While another fall cannot be ruled out, downside should be contained by 38.2% retracement of 1.3091 to 1.3897 at 1.3589 to bring rebound. Break of 1.3897 is expected at a later stage to resume larger
USDCAD Outlook
Daily Pivots: (S1) 1.3678; (P) 1.3705; (R1) 1.3728; More… Intraday bias in USD/CAD stays neutral for the moment. More sideway trading could be seen. While another fall cannot be ruled out, downside should be contained by 38.2% retracement of 1.3091 to 1.3897 at 1.3589 to bring rebound. Break of 1.3897 is expected at a later
Daily Pivots: (S1) 1.3694; (P) 1.3722; (R1) 1.3754; More… Intraday bias in USD/CAD remains neutral at this point as sideway trading continues. While another fall cannot be ruled out, downside should be contained by 38.2% retracement of 1.3091 to 1.3897 at 1.3589 to bring rebound. Break of 1.3897 is expected at a later stage to
Daily Pivots: (S1) 1.3694; (P) 1.3722; (R1) 1.3754; More… Range trading continues in USD/CAD and intraday bias stays neutral. While another fall cannot be ruled out, downside should be contained by 38.2% retracement of 1.3091 to 1.3897 at 1.3589 to bring rebound. Break of 1.3897 is expected at a later stage to resume larger rally.
Daily Pivots: (S1) 1.3698; (P) 1.3734; (R1) 1.3761; More… Intraday bias in USD/CAD stays neutral and outlook is unchanged. While another fall cannot be ruled out, downside should be contained by 38.2% retracement of 1.3091 to 1.3897 at 1.3589 to bring rebound. Break of 1.3897 is expected at a later stage to resume larger rally.
USD/CAD continued to engage in sideway trading last week and outlook is unchanged. Initial bias remains neutral this week first. While another fall cannot be ruled out, downside should be contained by 38.2% retracement of 1.3091 to 1.3897 at 1.3589 to bring rebound. Break of 1.3897 is expected at a later stage to resume larger
Daily Pivots: (S1) 1.3696; (P) 1.3737; (R1) 1.3795; More… USD/CAD is staying in consolidation from 1.3897 and intraday bias remains neutral at this point. While another fall cannot be ruled out, downside should be contained by 38.2% retracement of 1.3091 to 1.3897 at 1.3589 to bring rebound. Break of 1.3897 is expected at a later