strength in targeting the seven-month long descending resistance-line, around.1730. Some of the sings witch lead me to that decision. I'm thinking of enter a long position on that pair. Technical Checks For EUR/USD, USD/JPY, AUD/USD USD/CAD. Long bullish support, usdcad is in upward trend channel. T1.138,.156,.09. Should prices rally beyond.1730 on a daily closing basis, the.1810.1850 are likely intermediate halts indicatore volatilità forex that. A good entry point is between.119 and.110. The Bank of Canada decided to leave their interest rate at 1 percent.
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Usdcad is in upward trend channel.
I'm thinking of enter a long position on that pair.
Some of the sings witch lead me to that decision.
USD /CAD is reintegrating last weeks tight trading range between.315 after USD /CAD broke above.3155 and tested the.3170 level earlier.
The Bank of Canada Interest Rate Decision is scheduled for 14:00 GMT.
The event usually leads to lots of volatility.
USD /CAD 15-minute chart.
Dollar / Canadian Dollar chart. Free online platform for market analysis. The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors. USD /CAD Four-Hour: Range-Bound Past Month, Support Test Ahead of BoC. Chart prepared by James Stanley. USD Testing Short-Term Resistance Ahead. Contact and follow James on Twitter: @JStanleyFX. DailyFX provides forex news and technical analysis on the trends that influence the. Get your free US Dollar to Canadian Dollar (USD /CAD) live streaming and up-to-date data,"s prices, charts, rates, analysis. Despite the broad-based USD weakness, the USD /CAD pair is recorded robust gains on Wednesday as the commodity-sensitive. USD to CAD currency converter. Get live exchange rates for United States Dollar to Canada Dollar.