Bullish momentum signals further upside

FX:USDCAD   U.S. Dollar / Canadian Dollar
25 0 2
USDCAD@ 1.3075 – bullish- Bullish momentum signals further upside

USDCAD             rallied to a new 3-week high at 1.3098 (June 24, 2016). Strong bullish momentum suggests scope remains for further upside. Above 1.3098 would extend higher towards 1.3188 (May 23, 2016 prior weekly high). Above the latter would confirm a higher base over 1.2654 (June 6, 2016 weekly low) and open the next resistance level at 1.3310 (38.2% of the 1.4689/1.2460 downswing (January 18 YTD high/May 2, 2016 YTD low)).
Only a return below 1.2654 would signal topping and expose 1.2460 for a test.

Intraday: bullish
Daily: bullish
Weekly: bullish
Monthly: neutral
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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