Tag Archives: USD/CAD
FX Daily Majors
Today’s highlights: – USDJPY: Failing within the 95.00-94.13 key resistance zone, after the market finds a cap at 94.45. The focus shifts lower to 91.98, and then 90.33.
USD/CAD Technical Analysis
(1,0027) The USD/CAD confirmed a double top above 1,0080 confirmed by the break below 1,0040, now resistance. We expect a test of the 200 hours line at 0,9999.
USD/CAD Analysis
The U.S. dollar hit session lows against the Canadian dollar on Tuesday, after an official from the G7 said an earlier statement on exchange rates was misinterpreted.
FX Daily Majors
Today’s highlights: – EURUSD: Focus remains immediately lower to 1.3310. A break below here targets the 1.3257/64 support zone and then trendline support at 1.3180, which should hold.
USD/CAD Technical Analysis
(1,0066) The USD/CAD confirmed another strong closing again above the top of the previous session suggesting further upside potential.
Daily FX Technical Strategy – Persistent JPY weakness moves the goalpost
JPY weakness shows no signs of slowing and across a number of crosses we find initial targets for the year either being broken or approached early this week.
FX Daily Majors
Today’s highlights: – EURUSD: Defending the 38.2% Fibonacci retracement level of 1.3310 so far. We look to buy into this weakness between 1.3310 and 1.3180 trendline support, for a rally to 1.3835.
Technical Alert
Greater part of Asia on holiday so calm start of the week. The £ recovery continued at full speed also on Friday making the week end as the largest single week decline in EURGBP in 2y.
USD/CAD Technical Analysis
(1,0045) The USD/CAD confirmed the expected 1,0010 overshooting hitting already the 1,0050 level. This move up should be corrective but suggest remaining flexible.
FX Daily Majors
Today’s highlights: – EURUSD: The expected sell-off continues towards the flagged 38.2% retracement support level of 1.3310.
USD/CAD Technical Analysis
(0,9981) The USD/CAD formed a positive outside day after a test of the 0,9930 level. We have now 1,0010 – 0,9920 the levels to follow in the coming hours.
FX Daily Majors
Today’s highlights: – AUDUSD below 1.0329 completes a major top, and allows for a decline to 1.0149 long-term range support.