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.

Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
EUR/USD Pauses Downtrend Move - Euro vs USD Dollar Price Technical Analysis
2019-11-15 11:29:00
US Dollar Firms as AUD/USD Suffers, EUR/USD Drops - US Market Open
2019-11-14 13:30:00
GBP/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
GBP/USD Options Pricing in UK General Election Risk - US Market Open
2019-11-15 13:35:00
GBP/USD Advances in Bull Flag; EUR/GBP Drops from Range - Brexit Latest
2019-11-14 20:10:00
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
GBP/USD Options Pricing in UK General Election Risk - US Market Open
2019-11-15 13:35:00
Japanese Yen Chart May Be a Warning Sign for the Nikkei
2019-11-15 06:00:00
Gold
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
A Return to the Gold Standard Could be Right Around the Corner
2019-11-15 16:29:00
Gold Price Forecast: Downtrend Intact - What's Next for XAU/USD?
2019-11-15 15:25:00
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Geopolitics of Oil: Why Crude and Conflict Are So Closely Connected
2019-11-15 19:00:00
Gold Prices Fall On US-China Trade Hopes, US Retail Sales Loom
2019-11-15 06:51:00
Bitcoin
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Bitcoin (BTC) Price Struggle Continues, Mired by Conflicting Signals
2019-11-14 13:30:00
Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR Take the Lead
2019-11-13 14:55:00
More View more
Real Time News
  • German Bund Yields Update: 2-Year: -0.648% 3-Year: -0.679% 5-Year: -0.590% 7-Year: -0.522% 10-Year: -0.339% 30-Year: 0.175%
  • EU Council President-elect Michel says the EU ready for a trade deal with the UK to be made $EUR
  • Even the cheerleaders are starting to cast doubt on the game... https://t.co/TdWOuON6p5
  • -If funding risks manifest during an adverse scenario it could lead to ‘fire sales’ causing severe losses and perhaps even insolvency
  • - Funding risks include investors wanting to withdraw funds quickly in adverse situations. While financial institutions have most liquidity in illiquid assets including those that have a long maturity or hard to sell
  • -In turn, credit access would be severely impacted for households and businesses
  • -The financial sector has excessive leverage with an increased risk to absorb shocks such as modest losses from adverse shocks -Should the financial sector be hit by those shocks, a cut back in spending would be necessary along with asset sales, and perhaps even shutting down
  • -Spending may need to be cut back drastically should those events occur which could lead to financial institutes and investors incurring losses
  • -Excess borrowing by businesses and households leaves an increased vulnerability of distress should incomes decline or owned assets dropping in value
  • Federal Reserve Financial Stability Report: - Elevated valuation pressures arise from asset prices being relatively high to fundamentals and historical norms, these pressures can lead to a greater possibility of large drops in those asset prices
USD/CAD Key Resistance Caps Gains As Dojis Dominate Price Action

USD/CAD Key Resistance Caps Gains As Dojis Dominate Price Action

2014-05-05 11:49:00
David de Ferranti, Currency Analyst
Share:

Talking Points

  • USD/CAD Technical Strategy: Shorts Preferred
  • Doji suggests reluctance from bulls to push prices back above 1.1000
  • Four hour chart highlights potential range trading opportunities

USD/CAD remains capped below former support-turned resistance at 1.1000 with a Doji on the daily showing a reluctance from the bulls to reclaim the key level. The failure to push back above resistance suggests a bearish bias with a potential target offered by the recent range-bottom at 1.0860.

USD/CAD: Bears Take Control As Prices Push Below 1.1000

USD/CAD Key Resistance Caps Gains As Dojis Dominate Price Action

Daily Chart - Created Using FXCM Marketscope 2.0

The four hour chart exhibits signs of a short-term range between 1.1000 and 1.0940 that may offer day trading opportunities on other side of the narrow corridor.

USD/CAD: Range Remains In Play

USD/CAD Key Resistance Caps Gains As Dojis Dominate Price Action

4 Hour Chart - Created Using FXCM Marketscope 2.0

By David de Ferranti, Market Analyst, DailyFX

Follow David on Twitter: @Davidde

To receive David’s analysis directly via email, please sign up here.

Learn how to read candlesticks to help identify trading opportunities with the DailyFX Candlesticks Video Course.

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

DISCLOSURES

Related Articles

USD/CAD Candlestick Analysis: Waiting for Long Trade Setup
USD/CAD Candlestick Analysis: Waiting for Long Trade Setup
2015-04-28 05:49:00
USD/CAD Candlestick Analysis: Support Now Below 1.21
USD/CAD Candlestick Analysis: Support Now Below 1.21
2015-04-21 03:33:00
USD/CAD Candlestick Analysis: Top Confirmation Pending
USD/CAD Candlestick Analysis: Top Confirmation Pending
2015-03-02 09:11:00
USD/CAD Candlestick Analysis: Pullback to Yield Long Trade
USD/CAD Candlestick Analysis: Pullback to Yield Long Trade
2015-02-23 05:23:00
Advertisement

Rates

USD/CAD
Bullish
News & Analysis at your fingertips.