ہمارے بہترین اسپریڈز اور شرائط
پلیٹ فارم کے بارے میں
ٹریڈنگ خبریں
Back
15 Dec 2014
USD/CAD daily channel resistance under threat
FXStreet (Guatemala) - USD/CAD is trading at 1.1650, up 0.68% on the day, having posted a daily high at 1.1656 and low at 1.1547.
The primary focus for the USD/CAD remains to the upside with a continuation to the strong bullish trend that has been in place for the past five months.
The break onto the 1.15 handle instigated further demand and signifies a confirmed bullish trend as we move higher into the 1.16 handle underpinned by WTI continuing to mark lower lows and not finding a bottom yet. Low today has been $55.84.
USD/CAD is however fast approaching the top of the daily channel from July and this may contain the pair on further rises although a breakthrough of 1.1680 could bring in the July 2009 1.1725 highs into the picture and then come with 1.1825/50 that may act as resistances there after.
The primary focus for the USD/CAD remains to the upside with a continuation to the strong bullish trend that has been in place for the past five months.
The break onto the 1.15 handle instigated further demand and signifies a confirmed bullish trend as we move higher into the 1.16 handle underpinned by WTI continuing to mark lower lows and not finding a bottom yet. Low today has been $55.84.
USD/CAD is however fast approaching the top of the daily channel from July and this may contain the pair on further rises although a breakthrough of 1.1680 could bring in the July 2009 1.1725 highs into the picture and then come with 1.1825/50 that may act as resistances there after.