Tag Archives: USD/CAD
USD/CAD Technical Analysis
(1,0270) The USD/CAD is overall still confirming further consolidation interior the negative day reversal with 1,0330 – 1,0220 still the levels to follow.
FX Ringside
Of course, one of our most important tasks is to provide clients with accurate short- and mediumterm FX forecasts.
FX Technical Thoughts
EURUSD – With the MACD below its zero line, reflecting bearishness, focus is on the momentum tools as a closing cross lower would reinforce the bearish theme.
Daily FX Technical Strategy: Looking outside the EUR/USD range
Although USD buying has been a developing theme of late, this phenomenon is far from indiscriminate. USD/MXN completed a Bear Flag and is trading beneath its 2012 lows.
USD/CAD Technical Analysis
(1,0269) The USD/CAD is overall still confirming further consolidation interior the negative day reversal with 1,0355 – 1,0250 still the levels to follow.
Daily FX Technical Strategy: Additional USD boost
While the US dollar index completed a basing pattern a few weeks ago, the recent bearish move in US rates (through 2.07%) is further catalysing a USD bid.
Technical Alert
The greenback back on track for higher levels. JPY weakening and maintained the break above 94.77, GBP still overly oversold but still lacking evidence of a reaction.
USD/CAD Technical Analysis
(1,0277) The USD/CAD is overall still confirming further consolidation interior the negative day reversal with 1,0355 – 1,0250 still the levels, despite an undershooting on Friday of the 1,0240 level.
USD/CAD Technical Analysis
(1,0312) The USD/CAD is confirming further consolidation interior the negative day reversal with 1,0355 – 1,0250 still the levels to follow in the coming hours.
USD/CAD Analysis
The USD fell to session lows against the Canadian dollar on Thursday after better-than-forecast Canadian trade data.
FX Daily Majors
Today’s highlights: – EURUSD: Bearish engulfing reversal sees the focus remain on the key cluster of support at 1.2901/1.2876/1.2851 going into the ECB. We expect a reversal higher from here.
Technical Alert
The dollar rise gained traction yesterday and especially so vis-a-vis the emerging market bloc. USD/SEK & NOK also showing bullish signs with key day reversals yday.