USD/CAD Price Analysis: Rebounds from weekly low, bulls look to seize control above 1.3400 USDCAD RiskAversion Technical Analysis Majors Currencies
surrender a major part of the intraday gains to a one-week low, which, in turn, is seen undermining the commodity-linked Loonie. Apart from this, the prevalent risk-off mood benefits the US Dollar's relative safe-haven status and assists the USD/CAD pair to attract some buyers near the 1.3360 region.
A sustained strength beyond will be seen as a fresh trigger for bullish traders and set the stage for an extension of the recent recovery move from the lowest level since November 16. Some follow-through buying beyond the 50-day SMA will reaffirm the positive bias and push the USD/CAD pair beyond the 1.3500 psychological mark.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USD/CAD Price Analysis: Seeks strength to deliver a Falling Channel breakoutThe USD/CAD pair has turned sideways after a marginal correction from 1.3476 in the early Tokyo session. The Loonie asset is expected to resume its up
Leer más »
USD/CAD Price Analysis: Fakeout drags loonie below 1.3400The USD/CAD pair has dropped vertically below the crucial support of 1.3400 in the early Tokyo session. The Loonie asset is facing immense pressure am
Leer más »
USD/CAD rebounds firmly from 1.3400 as anxiety soars ahead of Fed Powell/BoC Macklem speechUSD/CAD has sensed buying interest after a drop to near the round-level support at 1.3400 in the early European session. The Loonie asset has recovere
Leer más »
USD/CAD dribbles around 1.3400 despite dovish BoC Macklem, mixed Fed talks and dicey Oil priceUSD/CAD dribbles around 1.3400 despite dovish BoC Macklem, mixed Fed talks and dicey Oil price – by anilpanchal7 USDCAD Fed BOC Oil RiskAppetite
Leer más »
USD/CAD struggles near 1.3400 mark amid rising oil prices, modest USD weaknessThe USD/CAD pair comes under some selling pressure on Tuesday and snaps a three-day winning streak to over a two-week high, around the 1.3475 region t
Leer más »
USD/CAD bears need to get below daily support 1.3387USD/CAD is under pressure as the US Dollar is shunned by the markets in favour of the more dovish rhetoric coming from the Federal Reserve's chairman,
Leer más »