USDCAD keeps achieving targets – Analysis - 05-09-2018
Economies.com
2018-09-05 04:31AM UTC
The USDCAD pair rallied upwards strongly yesterday to breach 1.3128 and succeed achieving our next waited target at 1.3200 and settles near it, which opens the way to achieve more rise in the upcoming period, paving the way to head towards our extended target that reaches 1.3382.
The EMA50 supports the price from below, to keep the bullish trend suggested on the intraday and short term basis conditioned by the price stability above 1.3128 – 1.3085 levels.
Expected trading range for today is between 1.3100 support and 1.3270 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...