• 799 days Will The ECB Continue To Hike Rates?
  • 800 days Forbes: Aramco Remains Largest Company In The Middle East
  • 801 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,201 days Could Crypto Overtake Traditional Investment?
  • 1,206 days Americans Still Quitting Jobs At Record Pace
  • 1,208 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,211 days Is The Dollar Too Strong?
  • 1,211 days Big Tech Disappoints Investors on Earnings Calls
  • 1,212 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,214 days China Is Quietly Trying To Distance Itself From Russia
  • 1,214 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,218 days Crypto Investors Won Big In 2021
  • 1,218 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,219 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,221 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,222 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,225 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,226 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,226 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,228 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…

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 - Collapsing

USD/CAD has strongly declined. Hourly support found at 1.3388 (25/01/2017 high) has been broken. Expected to show continued weakness towards stronger support given at 1.3324 (13/04/2017 low).

In the longer term, there is now a death cross with the 50 dma crossing below the 200 dma indicating further downside pressures. Strong resistance is given at 1.4690 (22/01/2016 high). Long-term support can be found at 1.2461 (16/03/2015 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment