US Dollar Canadian Dollar (USD/CAD) - 05/02/2008 - Archive

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0076. USD CAD is in a range between 0,9900 and 1,0090. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on USD CAD. The price should find a resistance below 1,0090. The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0090 - 1,0120
Supports
1,0040 - 1,0010
updated 05 févr 2008 21:59 GMT +02:00

Latest technical analysis

Forex Forum

English
Français