Daily Pivots: (S1) 1.3533; (P) 1.3569; (R1) 1.3615; More… Intraday bias in USD/CAD remains on the upside at this point. Current rise from 1.3176 should target 100% projection of 1.3176 to 1.3540 from 1.3357 at 1.3721 next. On the downside, below 1.3538 minor support will turn intraday bias neutral first. But near term outlook will
USDCAD Outlook
Daily Pivots: (S1) 1.3496; (P) 1.3518; (R1) 1.3550; More… USD/CAD’s rally from 1.3176 is resuming today by breaking 1.3585 resistance. Intraday bias is back on the upside for 100% projection of 1.3761 to 1.3540 from 1.3357 at 1.3721 next. For now, near term outlook will stay bullish as long as 1.3439 support holds, in case
Daily Pivots: (S1) 1.3496; (P) 1.3518; (R1) 1.3550; More… Intraday bias in USD/CAD remains neutral for the moment, as sideway trading continues. With 1.3357 support intact, further rally is expected. On the upside, break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. However, break of 1.3357 will argue that the rebound from
Daily Pivots: (S1) 1.3490; (P) 1.3510; (R1) 1.3524; More… USD/CAD is staying in sideway trading below 1.3585 and intraday bias remains neutral. With 1.3357 support intact, further rally is expected. On the upside, break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. However, break of 1.3357 will argue that the rebound from
Daily Pivots: (S1) 1.3475; (P) 1.3497; (R1) 1.3531; More… Intraday bias in USD/CAD remains neutral and outlook is unchanged. With 1.3357 support intact, further rally is expected. On the upside, break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. However, break of 1.3357 will argue that the rebound from 1.3176 has completed
USD/CAD stayed in consolidation below 1.3585 last week and outlook is unchanged. Further rally is expected as long as 1.3357 support holds. Break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. However, break of 1.3357 will argue that the rebound from 1.3176 has completed and bring retest of this low. In the
Daily Pivots: (S1) 1.3446; (P) 1.3477; (R1) 1.3514; More… Intraday bias in USD/CAD remains neutral as range trading continues inside 1.3357/3585. With 1.3357 support intact, further rally is expected. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. However, break of 1.3357 will argue that the rebound from