Tag Archives: USD/CAD
USD/CAD Technical Analysis
(0,9865) The USD/CAD confirmed on Friday a positive closing but it failed to confirm the previous day’s positive day reversal.
FX Daily Majors
Today’s highlights: – EURUSD: Advance continues higher towards 1.3127 and then 1.3140/72. A break above the latter area allows the upward trend continue towards 1.3284 and then 1.3388.
USD/CAD Technical Analysis
(0,9835) The USD/CAD formed yesterday a small positive day reversal but only a daily closing above 0,9858 will confirm a s/t low supporting a rebound.
Daily FX Technical Strategy – Important yen breakout signals
Over the last 24 hours, the yen has burst into life, breaking major support levels on heavy volume.
USD/CAD Technical Analysis
(0,9835) The USD/CAD is still under pressure and slowly, slowly it is moving toward the 0,9800 area. The daily closing was weak, again.
FX Daily Majors
Today’s highlights: – EURUSD: Break through 1.2974/2 resistance secures a base and allows the market to continue gains back towards range highs at 1.3127/40/72 eventually.
FX Daily Majors
Today’s highlights: – EURUSD: Rebound now back probing the 38.2% retracement and chart resistance zone of 1.2972/4. A breakout above here is required to allow for an advance back towards 1.3127.
Daily FX Technical Strategy – EUR resilience
The sharp sell-off in peripheral European equity indices was largely ignored by FX markets on Monday, as the EUR showed signs of bullish resilience.
USD/CAD Technical Analysis
(0,9865) The USD/CAD is still under pressure and also last night it confirmed a weak closing supporting further weakness.
FX Daily Majors
Today’s highlights: – EURUSD: Market gains traction at the 1.2880 interim support level. We expect a rebound back up to 1.2974 interim resistance.
Dollar jumps after US employment data
Dollar jumps after US employment data posted an upside surprise to the markets. Non-farm payroll rose 146k in November versus expectation of 90k.
FX Daily Majors
Today’s highlights: – EURUSD: Sharp sell-off yesterday brings the market back to our target 38.2% retracement. Some overshoot below today, but the uptrend remains intact whilst above 1.2880.