USD/CAD: Sustained break below 1.3330 to mark a significant technical event – Scotiabank USDCAD Technical Analysis Banks
USD/CAD retains a soft undertone on the charts despite failing to crack key support at 1.3330 in yesterday’s run lower. This support has been rock solid so a sustained push lower will be a significant technical event.
A break under 1.3330 targets a test of 1.3230 fairly quickly but broader implications would suggest the risk of a drop towards 1.27/1.28 in the next couple of months.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USD/CAD drops to fresh multi-week low, struggles below 1.3400 ahead of BoCThe USD/CAD pair attracts fresh sellers following an intraday uptick to the 1.3425 area and turns lower for the second straight day on Wednesday. The
Leer más »
USD/CAD licks BoC-inflicted losses below 1.3400 amid softer Oil price, downbeat US DollarUSD/CAD fades bounce off intraday low as it drops to 1.3360 heading into Thursday’s European session, after refreshing the monthly bottom at 1.3320 th
Leer más »
USD/CAD extends recovery to near 1.3440 as BoC’s interest rate policy comes into pictureThe USD/CAD pair has stretched its recovery to near 1.3440 in the early New York session. The Loonie asset rebounded firmly from near the round-level
Leer más »
USD/CAD remains near three-week lows ahead of the BoC decisionThe USD/CAD stretched lower on Tuesday trading in the 1.3389 - 1.3452 range despite the US dollar maintaining its foot versus other peers, with the DX
Leer más »
USD/CAD braces for BoC near 1.3400 as Oil grinds higher, US Dollar strugglesUSD/CAD picks up bids to rebound from the lowest levels in one month as it defends the 1.3400 threshold early Wednesday. In doing so, the Loonie pair
Leer más »
USD/CAD Price Analysis: Loonie grinds within bearish channel, 1.3450 and BoC in focusUSD/CAD aptly portrays the Loonie trader’s cautious mood ahead of the Bank of Canada (BoC) Interest Rate Decision as it pares recent losses around a m
Leer más »