US Dollar Canadian Dollar (USD/CAD) - 28/01/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0033. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. USD CAD is in a range between 1,0015 and 1,0130. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CAD. The price should find a support above 1,0000. If the support is broken then the target will be 0,9900 (135 pips).

Resistances
1,0050 - 1,0130
Supports
1,0015 - 1,0000
updated 28 janv 2008 22:01 GMT +02:00

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