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EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

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Euro Technical Forecast: Will EUR/USD, EUR/AUD Weakness Last?
2021-01-16 05:15:00
EURUSD and S&P 500 Break Lower to End the Week, VIX Ready to Blow
2021-01-16 03:15:00
Oil - US Crude
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High
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of clients are net short.
Long Short

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Crude Oil Prices In Focus Amid Fears of Falling Demand
2021-01-15 15:00:00
Crude Oil Prices May Turn Lower as Market Risk Appetite Sours
2021-01-15 06:00:00
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As a New Retail Trader Age Rises, Heed Tales of Past Manias
2021-01-15 12:30:00
Why a Rise in Retail Trading May Signal Another Mania
2021-01-15 04:30:00
Gold
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Gold Technical Forecast: XAU/USD May Rise as 200-MA Holds Firm
2021-01-15 20:00:00
Consumer Confidence Dips, Reflects Growing Concerns Regarding Coronavirus
2021-01-15 15:00:00
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GBP/USD Weekly Forecast: GBP/USD Rally Out of Steam?
2021-01-15 16:00:00
British Pound Latest - Sterling Underpinned by GDP Data, US Announce USD1.9 Trillion Stimulus Package
2021-01-15 09:03:00
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USD/JPY Forecast: Yen Pushes Back After Jerome Powell’s Interview
2021-01-15 12:53:00
USD/JPY Price Outlook: US Dollar Ranges Ahead of Biden Aid Plans
2021-01-14 22:30:00
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USDCAD 10050 Acts as the Trigger

USDCAD 10050 Acts as the Trigger

2012-04-10 21:31:00
Jamie Saettele, CMT, Sr. Technical Strategist

Weekly Bars

eliottWaves_usd-cad_body_usdcad.png, USDCAD 10050 Acts as the Trigger

Prepared by Jamie Saettele, CMT

Is the USDCAD going to finally do something? Price is on the verge of breaking through 10050, which has been critical support and resistance since December. In the event of a break higher, an immediate objective is 10260. This level is determined by adding the width of the range to the breakout (10050 + (10050-9840)). Longs are warranted with a stop below the early month low (9888). 10015 is support.

Bottom Line (next 5 days) – higher?

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

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