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

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EURUSD Still Owed a Breakout Post-ECB, S&P 500’s Hopes with PMIs a Long-Shot
2021-07-23 02:00:00
US Dollar Outlook: USD/JPY Mired by Yields, Flash PMIs Due
2021-07-22 22:30:00
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Crude Oil Price Forecast: Rally Back on Track After Bear Trap
2021-07-23 20:50:00
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Delta Variant Concerns Won't Cripple Markets, US Economy - Market Minutes
2021-07-22 16:00:00
What is Earnings Season & What to Look for in Earnings Reports?
2021-07-22 05:00:00
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Gold Price Forecast – XAU/USD Could Get Put to the Test This Week
2021-07-23 20:00:00
Gold (XAU/USD) and Silver (XAG/USD) at Critical Levels ahead of FOMC
2021-07-23 11:25:00
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British Pound (GBP) Weekly Forecast: Attempts to Recover as Sentiment Shifts
2021-07-23 16:00:00
GBP/USD Bounce Fizzles Out Despite Higher Retail Sales in June
2021-07-23 08:00:00
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USD/JPY Rate Tracks Rebound in US Yields Ahead of Fed Rate Decision
2021-07-23 15:00:00
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2021-07-22 22:30:00
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USDCAD 10050 Acts as the Trigger

USDCAD 10050 Acts as the Trigger

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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