Daily Pivots: (S1) 1.3589; (P) 1.3627; (R1) 1.3648; More…. Intraday bias in USD/CAD remains neutral at this point as range trading continues. On the upside, above 1.43699 will target 1.3784 first. Break there will will resume larger rise from 1.3091 to retest 1.3976 high. On the downside, below 1.3568 will bring another falling leg to
USDCAD Outlook
Daily Pivots: (S1) 1.3632; (P) 1.3663; (R1) 1.3690; More…. Intraday bias in USD/CAD is turned neutral as retreat from 1.3699 is extending today. On the upside, above 1.43699 will target 1.3784 first. Break there will will resume larger rise from 1.3091 to retest 1.3976 high. On the downside, below 1.3568 will bring another falling leg
USD/CAD’s rebound last week argues that pull back from 1.3784 has completed at 1.3568. Initial bias is mildly on the upside this week for retesting 1.3784. Firm break there will resume larger rise from 1.3091 to retest 1.3976 high. On the downside, below 1.3568 will bring another falling leg to extend the near term corrective
Daily Pivots: (S1) 1.3613; (P) 1.3657; (R1) 1.3735; More…. USD/CAD’s break of 1.3675 minor resistance suggests that pull back from 1.3784 has completed at 1.3568 already. Intraday bias is back on the upside for retesting 1.3784 first. Firm break there will resume larger rise from 1.3091 to retest 1.3976 high. On the downside, below 1.3568
Daily Pivots: (S1) 1.3569; (P) 1.3597; (R1) 1.3621; More…. While USD/CAD is losing some downside momentum as seen in 4 H MACD, further decline is still mildly in favor as pull back from 1.3784 extends. Nevertheless, outlook will stay bullish as long as 1.3378 support holds. On the upside, above 1.3675 minor resistance will turn
Daily Pivots: (S1) 1.3562; (P) 1.3590; (R1) 1.3609; More…. Intraday bias in USD/CAD remains mildly on the downside and outlook is unchanged. While pull back from 1.3784 could extend lower, outlook will stay bullish as long as 1.3378 support holds. On the upside, above 1.3675 minor resistance will turn bias back to the upside for
Daily Pivots: (S1) 1.3623; (P) 1.3684; (R1) 1.3725; More…. Intraday bias in USD/CAD is mildly on the downside as the pull back from 1.3784 extends. While deeper pull back cannot be ruled out, outlook will stay bullish as long as 1.3378 support holds. On the upside, above 1.3675 minor resistance will turn bias back to