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USD/CAD - Buying Demand Is Fading
• USD/CAD is in a consolidation phase after the strong decline. Hourly support lies at 1.3165 (14/06/2017 high). Expected to show continued weakness towards support given at 1.3010 (16/02/2017 low). • In the longer term, the pair lies in a bullish channel since a year. Strong resistance is given at 1.4690 (22/01/2016 high). Long-term support can be found at 1.2461 (16/03/2015 low). • EUR/USD is trading mixed. The pair is still trading below strong resistance given at 1.1300 (09/11/2017 high). Hourly support can be found at 1.1076 (18/05/2017 low). Stronger support lies at 1.0842 (11/05/2017 low). • In the ... (full story)
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- Comment #1
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- Jun 26, 2017 6:53am Jun 26, 2017 6:53am
- alexanderd
- | Joined May 2016 | Status: Member | 20 Comments
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- Jun 26, 2017 8:43am Jun 26, 2017 8:43am
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Gothamcity
- | Joined Sep 2009 | Status: Member | 19 Comments
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- Jun 26, 2017 8:50am Jun 26, 2017 8:50am
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Trainman
- Joined Mar 2012 | Status: Member | 263 Comments
Sure I have a trading plan. Buy low. Sell high. What's yours?
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- Jun 26, 2017 5:14pm Jun 26, 2017 5:14pm
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clockwork71
- | Commercial Member | Joined May 2007 | 1164 Comments | Online Now