Tag Archives: USD/CAD
USD/CAD Technical Analysis
(0,9963) The USD/CAD is still consolidating interior the inside day with 1,0050 – 0,9945 still the levels to follow in the coming hours.
FX Market Analysis
The dollar remained higher against the euro on Wednesday as safe haven demand was underpinned ahead of Thursday’s European Central Bank meeting,
USD/CAD Analysis
The USD was higher against the Canadian dollar on Wednesday, as investor jitters ahead of the outcome of Thursday’s European Central Bank supported safe haven demand.
FX Daily Majors
Today’s highlights: – EURUSD: Whilst capped by 1.3711/27 resistance the risk remains lower to 1.3310, and potentially then 1.3180.
Daily FX Technical Strategy – AUD dragged down under
While the JPY continues to slip lower and bounces are faded once again, given the moves on the cross rates, the latest candidate to be dragged lower is the AUD.
USD/CAD Technical Analysis
(0,9970) The USD/CAD failed to confirm the positive day reversal confirming instead another session of consolidation interior the inside day with 1,0050 – 0,9945 still the levels to follow in the coming hours.
FX Daily Majors
Today’s highlights: – EURUSD: Near-term top in place. We expect further weakness back to 1.3439/14 and then below here to the 38.2% Fibonacci retracement of 1.3310.
Daily FX Technical Strategy – Euro corrects after sharp falls in European equity markets
The rosy start to the year for risk had to end sometime and yesterday it was pegged back by a sharp sell-off in European equity markets.
FX Daily Majors
Today’s highlights: – EURUSD: Resistance found at 1.3711. We envisage a correction back to trendline support located now at 1.3490.
USD/CAD Technical Analysis
(0,9974) The USD/CAD confirmed another daily closing below the 200 days line while remaining interir Thursday’s range forming a new inside day with 1,0050 – 0,9945 the levels to follow in the coming hours.
Daily FX Technical Strategy – EUR/JPY explodes higher
The euro is regaining lost ground as the market continues to unwind its safety trades of 2011/2012 relating to the euro crisis.
USD/CAD Technical Analysis
(0,9984) The USD/CAD confirmed last night a very weak closing even below the 200 days line, now resistance at 0,9988.