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
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
ECB Reaction: EUR/USD Surges on Large ECB QE Package - Update
2020-06-04 12:25:00
EUR/USD Trades at 3-Month High Ahead of ECB Rate Decision
2020-06-04 07:00:00
Oil - US Crude
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
Crude Oil Rally Hindered by Gap Resistance, OPEC+ Meeting in Limbo
2020-06-04 09:30:00
Gold Prices Sink, Crude Oil Risks Falling with OPEC+ Meeting in Doubt
2020-06-04 03:00:00
Wall Street
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
Russell 2000 Bests Nasdaq Rally, Bonds Plunge on ADP & PMI Data
2020-06-03 18:05:00
Dow Jones, Copper & More: Index & Commodity Charts to Watch & More
2020-06-03 11:30:00
Gold
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
Gold Prices Sink, Crude Oil Risks Falling with OPEC+ Meeting in Doubt
2020-06-04 03:00:00
US Dollar Forecast: Significant Technical Damage Sustained - Levels for DXY Index & USD/JPY
2020-06-03 15:50:00
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 IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since May 01 when GBP/USD traded near 1.25.
2020-06-04 08:23:00
British Pound (GBP) Latest: GBP/USD Increasingly Nervous About Brexit
2020-06-04 08:10:00
USD/JPY
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
US Dollar Forecast: Significant Technical Damage Sustained - Levels for DXY Index & USD/JPY
2020-06-03 15:50:00
Forex Economic Calendar Week Ahead: RBA, BOC, ECB Meetings; Canada & US Jobs Reports
2020-06-02 22:10:00
More View more
Real Time News
  • US Four-Week Bills Draw 0.125% Primary Dealers Awarded: 44.3% Indirect Bidders Accepted: 53.2% Direct Bidders Accepted: 2.5% B/C Ratio: 2.77
  • ECB policymakers debated PEPP expansion of EUR 500-750bln. Policymakers expressed worries about deviation from capital key - ECB sources
  • Canadian PM Trudeau says updated COVID-19 modeling to be released Thursday, evidence shows virus may be slowing - BBG
  • Florida virus cases increase 2.4% versus prior 7-day average of 1.6% - BBG
  • GBP/USD is easing back Thursday after a week of gains as the June 30 deadline for the UK to ask for an extension of its Brexit transition period approaches. Get your $GBPUSD market update from @MartinSEssex here:https://t.co/ymQqurP9Nw https://t.co/ozMH50KfbQ
  • Hey traders! With @ecb announcing 600bn increase in its PPE program. How is this impacting the markets? Get your market update for today from @DailyFX Chief Strategist @JohnKicklighter 👇 https://t.co/H8q5yz430P
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.84% 🇦🇺AUD: 0.54% 🇳🇿NZD: 0.47% 🇬🇧GBP: 0.18% 🇨🇦CAD: -0.01% 🇯🇵JPY: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/lRvWDOlu3j
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.28% US 500: 0.12% France 40: 0.06% Germany 30: -0.21% FTSE 100: -0.44% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/d2SBu9DxXv
  • El #Ibex35 defiende los 7.600 puntos gracias al estímulo ilimitado del #BCE #trading https://t.co/14JmYVr4Q5
  • EUR/JPY IG Client Sentiment: Our data shows traders are now at their least net-long EUR/JPY since Jan 14 when EUR/JPY traded near 122.23. A contrarian view of crowd sentiment points to EUR/JPY strength. https://www.dailyfx.com/sentiment https://t.co/PIrps86vUZ
USDCAD Reverses Wednesday’s Gains at Trendline

USDCAD Reverses Wednesday’s Gains at Trendline

2012-10-01 21:02:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_usd-cad_body_usdcad.png, USDCAD Reverses Wednesday’s Gains at Trendline

Prepared by Jamie Saettele, CMT

The USDCAD is testing former support (now resistance) for the 4th consecutive day. The market has probably accumulated a large number of shorts and corresponding stops above 9860. As such, a breakout strategy is warranted on trade above the 9/26 high (9860) against 9780 and towards 9930. Failure to exceed 9860 keeps the range intact with the listed levels as support.

LEVELS: 9675 9725 9780 9860 9912 9930

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

DISCLOSURES

Related Articles

USD/CAD Bullish Channel Defines Current Trend
USD/CAD Bullish Channel Defines Current Trend
2019-04-25 17:23:00
USD/CAD Falls Towards Support Offering a Bullish Setup
USD/CAD Falls Towards Support Offering a Bullish Setup
2017-12-27 00:05:00
USD/CAD Hugs Trend Line, But For How Much Longer?
USD/CAD Hugs Trend Line, But For How Much Longer?
2017-11-21 00:44:00
USD/CAD Dives 200 Pips in November, Will it Continue?
USD/CAD Dives 200 Pips in November, Will it Continue?
2017-11-10 21:20:00
Advertisement

Rates

USD/CAD
Bearish
News & Analysis at your fingertips.