Tag Archives: USD/CAD
USD/CAD Technical Analysis
(1,0170) The USD/CAD confirmed another weak closing and this time well below the 1,02 level suggesting further weakness toward our target at 1,0145 but we could probably see also a 1,01 undershooting!!
Daily FX Technical Strategy: USD/JPY seasonal support
While the USD is maintaining its larger bull trend against the EUR for the time being, a USD pullback is taking hold against the JPY.
USD/CAD Technical Analysis
(1,0195) The USD/CAD confirmed a weak closing but it again failed to confirm the break below 1,02. Nevertheless while below 1,0230 on an hourly closing we expect further weakness toward our s/t target at 1,0145!!
USD/CAD Technical Analysis
(1,0228) The USD/CAD is confirming further consolidation interior the inside day with 1,0300 – 1,0200 still the levels to follow in the coming hours.
Daily FX Technical Strategy: Markets exhale
Recent eurozone headlines gave for investors a reason to take a breather, as immediate downside risks have been averted for EUR/USD.
Daily FX Technical Strategy: At the expense of the EUR
Throughout the week while EUR/USD has traded sideways, EUR crosses have remained under pressure as investors prefer buying the likes of AUD, NZD, and GBP against the EUR.
FX Daily Majors
Today’s highlights: – NZDUSD: Aggressive breakout higher results in the market advancing up to the chart resistance hurdle of .8350. We look for continuation in upside through here to .8418.
USD/CAD Technical Analysis
(1,0250) The USD/CAD confirmed another session of consolidation interior the inside day with 1,0300 – 1,0200 still the levels to follow in the coming hours.
FX Daily Majors
Today’s highlights: – GBPUSD: Threatening neckline resistance located at 1.5200, as well as the key cluster of resistance at 1.5223/33/68. Increasingly risk of a break higher to 1.5519.
Daily FX Technical Strategy: USD-supportive cycle
Although EUR/USD backed away from the edge yesterday, failing to close beneath a support area near 1.2875, we note that the greater bullish potential for the USD in general remains in place.
USD/CAD Technical Analysis
(1,0253) The USD/CAD confirmed a session of consolidation interior the previous day’s range forming a new inside day with 1,0300 – 1,0200 the levels to follow in the coming hours.
FX Daily Majors
Today’s highlights: – EURUSD: Market breaks through 50% retracement at 1.2876 and then 200 DMA, allowing for the decline to persist lower for 1.2662.