– USDCAD reversed from long-term resistance level 1.3840
– Likely to fall to support level 1.3600
USDCAD currency pair continues to fall after the pair reversed down with the weekly Shooting Star from the major long-term resistance level 1.3840, which has been reversing the pair from 2022.
The resistance level 1.3840 was strengthened by the upper weekly Bollinger Band.
Give the overbought weekly Stochastic, USDCAD currency pair can be expected to fall further to the next support level 1.3600.
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies