US Dollar ($) ⇨ Canadian Dollar (CA$)(USDCAD) Trading Outlook

US Dollar ($) ⇨ Canadian Dollar (CA$)(USDCAD) Trading Outlook






FOREX CAD= closed down -0.003 at 1.305. Volume was 20% above average (neutral) and Bollinger Bands were 18% narrower than normal. Open High Low Close Volume___ 1.307 1.311 1.296 1.305 91,129 Technical Outlook Short Term: Overbought Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 1.29 1.29 1.33 Volatility: 14 11 12 […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The majors’ Friday movements extended this Monday, with the USD up Vs all of its major peers, and commodity related currencies (AUD, NZD, CAD) underperforming due to a sharp decline in Crude Oil and Gold’s prices. The Buck got some support from US Fed’s speakers offering a generally […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD The Buck advanced Vs most of its peers, edging sharply higher against the CAD and the AUD as commodity related currencies were weighed by falling Crude Oil and Gold prices and poor economic data. The single currency was unable to recover above the 1.1500 mark, and ended the day […]






Technical Analysis for EURUSD (Daily)

Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EURUSD The majors currency pairs saw a lackluster Monday with little definitions, but the USD edged lower and the GBP outperformed due to diminishing fears over a Brexit. A light macro-economic calendar and some soft date in the US housing sector during the American afternoon led the Buck’s […]