FxWirePro
Long

USD/CAD takes support near trend line, targets 1.2800

FX:USDCAD   U.S. Dollar / Canadian Dollar
61 0 2
Major Support – 1.2590 ( trend line joining 1.27499 and 1.26304)

Loonie has taken support around 1.25925 and jumped from that level. It is currently trading around 1.26556.

The pair is slightly bullish and is trading well above Tenken-Sen and Kikun-Sen.

Short term weakness can be seen only below 1.25900.

USD/CAD             major resistance is around 1.26700 and break above that level will take the Loonie to next level around 1.2750/1.2800 in short term.

On the downside any violation below 1.25900 will drag the pair down till 1.2550 level.

It is good to buy at dips around 1.2650-55 with SL around 1.2590 for the TP of 1.2745/1.2800.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out