Tag Archives: USD/CAD
FX Daily Majors
Today’s highlights: – USDCHF: Intermediate term base completion occurs through .9391. We target the 61.8% and 78.6% retracements at .9609 and .9769.
USD/CAD Technical Analysis
(1,0298) The USD/CAD formed on Friday a negative day reversal but only a daily closing tonight below 1,0262 will confirm a s/t top supporting a retest of the former resistance line,
USD/CAD Analysis
USD/CAD hit 1.0294 during early US morning trade, the session low; the pair subsequently consolidated at 1.0316, edging up 0.09%.
FX Daily Majors
Today’s highlights: – USDCHF has formed a bullish “outside day” to target critical chart/38.2% retracement hurdles at .9384/91. Above here would see a base.
USD/CAD Analysis
The pair hit 1.0280 during early U.S. trade, the pair’s highest since Tuesday; the pair subsequently consolidated at 1.0276, gaining 0.45%.
Technical Alert
The € correction coming closer to its end, we think. JPY rebound looks unconvincing so probably soon stronger and especially so vs. the €, EQUITIES rallying but BOND reactions muted.
FX Daily Majors
Today’s highlights: – USDCAD is correcting back from 1.0273, but we look for 1.0158/0149 to ideally hold for a renewed bull phase to 1.0363.
FX Daily Majors
Today’s highlights: – NZDUSD’s collapse below .8319 competes a top, and we look for further weakness to the December low and 200-day average at .8155/51.
USD/CAD Technical Analysis
(1,0270) The USD/CAD still confirmed a positive closing after a 1,03 overshooting, but in the s/t we may have found some good resistance.
Daily FX Technical Strategy – Melting EUR/USD candlesticks
Following the events in Europe earlier this week, Italian yields responded in a strongly bearish manner, ending a downtrend in yields that had been in place for seven months.
USD/CAD Technical Analysis
(1,0249) The USD/CAD confirmed a further strong closing yesterday, taking even out our stop at 1,0275 before however turning again lower this morning.
FX Daily Majors
Today’s highlights: – EURUSD has completed a large bearish “reversal day” to leave the market set for a test of key support at 1.2998.