• 1,002 days Will The ECB Continue To Hike Rates?
  • 1,002 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,004 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,404 days Could Crypto Overtake Traditional Investment?
  • 1,408 days Americans Still Quitting Jobs At Record Pace
  • 1,410 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,413 days Is The Dollar Too Strong?
  • 1,414 days Big Tech Disappoints Investors on Earnings Calls
  • 1,415 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,416 days China Is Quietly Trying To Distance Itself From Russia
  • 1,417 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,420 days Crypto Investors Won Big In 2021
  • 1,421 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,422 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,424 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,424 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,427 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,428 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,428 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,430 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

USD/CAD - Setting an 11-Year High

USD/CAD's bullish momentum is still very strong as resistance at 1.3457 (29/09/2015 high) has been broken. Significant support stands at 1.3225 (12/11/2015 low). Expected to show continued bullish momentum as uptrend is still in play.

In the longer term, the break of the key resistance at 1.3065 (13/03/2009 high) has indicated increasing buying pressures, which favours further medium-term strengthening. Support can be found at 1.2832 (15/10/2015 low) then 1.1731 (06/01/2015 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment