US Dollar Canadian Dollar (USD/CAD) - 31/01/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

0,9951. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a support above 0,9880. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,9975 - 1,0000
Supports
0,9940 - 0,9880
updated 31 janv 2008 05:50 GMT +02:00

Latest technical analysis

Forex Forum

English
Français