Usdcad actionforex
USD/CAD United States Dollar / Canadian Dollar. BUY SELL. HIGH LOW CHANGE % CHANGE. TRADE MARKET OPPORTUNITIES 24 HOURS. open an account. Latest Research Brexit Excitement Sends GBP Bid, Ready for a Short-term Correction?: GBP/USD, EUR/GBP. Joe Perry November 10, 2020 4:07 PM Fundamental Analysis After NFP is the USDCAD now bullish and ready to launch? Based on previous price structure at these levels I would have to say YES and additionally if US shale oil output offsets OPEC production cut then oil is capped @ $50-55 barrel which translates to more limited CAD upside even with the very better than expected economic data. The Canadian dollar is the official currency of Canada. The Canadian dollar is symbolized by $, or C$, CA$ or CAD$. The Canadian dollar is the fifth most held currency in the world, at nearly US$119 billion.1) The currency code for the Canadian dollar is CAD, and the dollar itself is made up of 100 cents. Sep 17, 2019 2 days ago USD/CAD’s decline re-accelerates to as low as 1.2928 so far today. The strong break of 1.2994 low confirms down trend resumption. Intraday bias stays on the downside for 61.8% projection of 1.4667 to 1.2994 from 1.3389 at 1.2355. On the upside, above 1.3030 minor resistance will turn bias neutral and bring consolidations first, before staging another fall.
20 hours ago · For the third day this week, the Canadian dollar has posted strong gains. In Thursday’s North American session, USD/CAD is trading at 1.3052, down 0.63% on the day. The Canadian dollar has climbed 2.2% this week and earlier today it touched its highest level since September 1st. On the employment front, US unemployment claims rose to 751 thousand last week, down from the previous reading of
USD/CAD dropped to 1.2928 last week but formed a short term bottom there and rebounded. Initial bias remains mildly on the upside for 55 day EMA (now at 1.3206) and above. ActionForex.com was USD/CAD Pivot Points Explanations Pivot points are very useful tools that use the previous bars’ highs, lows and closings to project support and resistance levels for future bars. Daily pivot
USD/CAD’s breach of 1.3242 suggests resumption of fall from 1.3418. Also, corrective rebound from 1.2994 might have completed. Intraday bias is back on the downside for retesting 1.2994 low.
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Oct 23, 2019
13 hours ago Intraday bias in USD/CAD is turned neutral with current retreat, but further rise will remain in favor as long as 1.3057 minor support holds. on Nov 9, 2020 Intraday bias in USD/CAD remains on the downside for retesting 1.2994 low. Decisive break there will resume larger down trend form 1.4667. Nov 3, 2020 USD/CAD's sharp fall and break of 1.3225 support suggests that rebound from 1.3081 has completed at 1.3389, ahead rejection by 1.3418 USDCAD Technical Analysis With Chart. Today's Forecast. Market Review and ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering Oct 29, 2020 Intraday bias in USD/CAD remains on the upside for 1.3418 resistance first. The corrective rebound from 1.2994 is still in progress. Break of R3 0.7304. USD/CAD. S3 1.31. S2 1.311. S1 1.3114. P 1.3119. R1 1.3124. R2 1.3129. R3 1.3139. Bitcoin. S3 16012.29. S2 16175.13. S1 16282.93. P 16337.97.
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For more information please visit: https://www.thelazytrader.com How to Trade USDCAD – US Dollar v Canadian Dollar Trading Strategy: We discuss the technical Oct 23, 2019
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