Forex (foreign exchange) Currency trading

You
GMT
London
New York
Tokyo

USD/CAD - US Dollar Canadian Dollar

USD/CAD - US Dollar Canadian Dollar

Short term (Intraday)

1,0051. USD CAD is in a consolidation after the last bullish movement. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,0100 - 1,0160
Supports
1,0040 - 1,0000
updated 18 févr 2008 14:02 GMT +02:00

Receive free alerts by email when technical analysis are updated.

Latest technical analysis

Forex Forum

English
Français