• 8 hours America Has A Milk Problem
  • 1 day Chinese E-Commerce Giant Eyes Aggressive Expansion
  • 3 days Institutional Movement Reinforces Bullish Sentiment In Crypto Markets
  • 3 days $100M Saudi Payment For Syria Fails To Help ‘Davos in the Desert’
  • 3 days Supply Issues Weigh On Pot Stocks As Canada Goes Legal
  • 4 days CME Bitcoin Futures Surge As Bullish Sentiment Grows Louder
  • 4 days How Do Your Savings Stack Up To The Top 1 Percent?
  • 4 days Amazon Favored To Win $10 Billion Pentagon Contract
  • 4 days American Steel Downgraded As Trade War Escalates
  • 5 days From Gold To Bitcoin: The Evolution Of Money
  • 5 days Italy Budget "Not Compatible With Commitments That Exist In The EU"
  • 5 days U.S. Deficit Defies Economic ‘Boomtime’
  • 5 days Saudi Business At Stake Over Journalist Murder Allegations
  • 6 days Trump Bails On Coal Industry Incentives
  • 6 days Google Opens Up About "Project Dragonfly"
  • 6 days Retail Sales Rebound, But Is It Enough To Post Positive Earnings?
  • 6 days Stocks Continue To Slide As Economic Fears Fester
  • 7 days Where Does The True Value Of Gold Lie?
  • 7 days Bitcoin Soars Amid Tether Drama
  • 7 days Fake Cheese, Hooters, And Big Banks: The Millennial Market Hitlist
EU Weighs New Payment System With Iran To Skirt U.S. Sanctions

EU Weighs New Payment System With Iran To Skirt U.S. Sanctions

Demonstrating its eagerness to continue…

Time To Buy A Lada? Russian Auto Sales Are Booming

Time To Buy A Lada? Russian Auto Sales Are Booming

Russia’s flagship carmaker was once…

  1. Home
  2. Markets
  3. Other

USD/CAD - Stalling Below Resistance At 1.3433

USD/CAD's bullish momentum is fading. However, the pair is still trading within resistance area between 1.3278 (24/10/2016 low) and 1.3433 (28/10/2016 high). Expected to see another monitoring of resistance at 1.3433. Key support at 1.3000 (22/09/2016 low) seems far.

In the longer term, the pair is trading around its 200-day moving average. Strong resistance is given at 1.4690 (22/01/2016 high). Long-term support can be found at 1.2461 (16/03/2015 low). The pair is likely in a consolidation phase within a new long-term increase.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment