Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More
USD/CAD Technical Outlook at Critical Juncture

USD/CAD Technical Outlook at Critical Juncture

USD/CAD flushed a level of resistance yesterday that dates back to the spring of 2020. Yesterday’s indecision candle suggests that we could soon see a sizable move. A breakout above 13855 or below 13714 should get a directional move some momentum. Traders should be on their toes as we head through the rest of the week.

See the video above for the full set of details.

USD Forecast
USD Forecast
Recommended by Paul Robinson
Get Your Free USD Forecast
Get My Guide

USD/CAD Daily Chart

USD/CAD Charts by TradingView

Resources for Forex Traders

Whether you are a new or experienced trader, we have several resources available to help you; indicator for tracking trader sentiment, quarterly trading forecasts, analytical and educational webinars held daily, trading guides to help you improve trading performance, and one specifically for those who are new to forex.

---Written by Paul Robinson, Market Analyst

You can follow Paul on Twitter at @PaulRobinsonFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES