• 1,120 days Will The ECB Continue To Hike Rates?
  • 1,120 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,122 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,522 days Could Crypto Overtake Traditional Investment?
  • 1,527 days Americans Still Quitting Jobs At Record Pace
  • 1,529 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,532 days Is The Dollar Too Strong?
  • 1,532 days Big Tech Disappoints Investors on Earnings Calls
  • 1,533 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,535 days China Is Quietly Trying To Distance Itself From Russia
  • 1,535 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,539 days Crypto Investors Won Big In 2021
  • 1,539 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,540 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,542 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,543 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,546 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,547 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,547 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,549 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

USD/CAD: Resistance Area Has Pushed Back Prices

USD/CAD has weakened close to its resistance area between 0.9800 (previous support) and 0.9843 (21/08/2012 low). Short-term support is at 0.9726 (19/09/2012 low).

Succession of lower highs since March 2009. The break of the support at 0.9725 opens the way for a medium-term move towards the strong support at 0.9407.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment