USD/CAD Price Analysis: Bulls eye 1.3520 while above 1.3470 USDCAD Technical Analysis
1.3480 and 1.3470 are key supports while bulls look to 1.3520 resistance. USD/CAD prior analysis
The price, however, had also taken out a key structure and for that, we zoomed down to the lower time frames: As illustrated, the price did indeed head a touch lower, deeper into support, and rebounded from there, directly toward the neckline of the M-formation. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/CAD Price Analysis: Loonie bears keep their eyes on 1.3300 and US inflationUSD/CAD retreats to 1.3380 during early Wednesday in Asia, fading the previous two-day rebound from a monthly low, as traders await the key US inflati
Read more »
EUR/GBP Price Analysis: Bulls could be about to make a moveEUR/GBP is in freefall to fresh lows on the bearish cycle. The bears are moving in on 0.8670 with eyes on 0.8650. The following illustrates the price
Read more »
EUR/USD Price Analysis: Bulls are making their move, eye Fibo scale ahead of US CPIEUR/USD is correcting higher from support ahead of what is a highly anticipated event today in the release of the US inflation data on Wednesday. The
Read more »
EUR/USD Price Analysis: Bulls eye a break of 1.10 the figureEUR/USD was trading 0.05% higher at $1.0986 in the Tokyo opening first half an hour as the bulls attempt to stay on the front side of the hourly micro
Read more »
NZD/USD Price Analysis: Bulls reaching into a key area of resistanceNZD/USD was a string performer overnight, and according to Bloomberg, it remains the best-performing G10 currency week to date. The following, however
Read more »
USD/CAD retreats from 1.3400 as USD Index extends losses, US Inflation eyedThe USD/CAD pair has sensed selling pressures after a rebound to near the round-level resistance of 1.3400 in the Asian session. The Loonie asset has
Read more »