Advertisement
Singapore markets close in 6 hours 22 minutes

  • Straits Times Index

    3,293.35
    +5.60 (+0.17%)
     

  • Nikkei

    37,847.74
    +219.26 (+0.58%)
     

  • Hang Seng

    17,563.76
    +279.22 (+1.62%)
     

  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     

  • Bitcoin USD

    64,451.26
    +208.95 (+0.33%)
     

  • CMC Crypto 200

    1,394.41
    +11.84 (+0.86%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,346.50
    +4.00 (+0.17%)
     

  • Crude Oil

    83.82
    +0.25 (+0.30%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,572.64
    +3.39 (+0.22%)
     

  • Jakarta Composite Index

    7,125.62
    -29.68 (-0.41%)
     

  • PSE Index

    6,566.13
    -8.75 (-0.13%)
     

USD/CAD Continues to Bump Against Median Line (Uptrend Resistance)

Jamie Saettele, CMT

DailyFX.com -

Daily

USD/CAD Continues to Bump Against Median Line (Uptrend Resistance)
USD/CAD Continues to Bump Against Median Line (Uptrend Resistance)

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-“USDCAD has broken through resistance, indicating potential for the long term bull move to reassert. Watch 1.2540/60 for support.” The cited support was never reached but the bull trend has reasserted. Watch the March high for support at 1.2834.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk


original source

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.