• 1,078 days Will The ECB Continue To Hike Rates?
  • 1,078 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,080 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,480 days Could Crypto Overtake Traditional Investment?
  • 1,484 days Americans Still Quitting Jobs At Record Pace
  • 1,486 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,489 days Is The Dollar Too Strong?
  • 1,490 days Big Tech Disappoints Investors on Earnings Calls
  • 1,491 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,492 days China Is Quietly Trying To Distance Itself From Russia
  • 1,493 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,497 days Crypto Investors Won Big In 2021
  • 1,497 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,498 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,500 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,500 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,504 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,504 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,505 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,507 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  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