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
Technical Trade Levels: Dollar, EUR/USD, USD/CAD, AUD/USD, Gold & SPX
2020-06-01 15:30:00
Forex Economic Calendar Week Ahead: RBA, BOC, ECB Meetings; Canada & US Jobs Reports
2020-06-01 14:10:00
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
US Dollar Hemorrhaging as GBP/USD & AUD/USD Soar, USD/CAD Sinks
2020-06-01 17:00:00
Crude Oil Prices Rise as Trump Talks Hong Kong, Gold Up on US Unrest
2020-06-01 03:30:00
Wall Street
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
S&P 500 Forecast: Stocks Face Peril as Day of Reckoning Looms
2020-06-01 21:30:00
Dow Jones, Nasdaq 100 & DAX 30 Forecasts for the Week Ahead
2020-06-01 15:30:00
Gold
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
Gold Price Outlook: Gold Goes Overbought, Finds Fibonacci Resistance
2020-06-01 20:08:00
Technical Trade Levels: Dollar, EUR/USD, USD/CAD, AUD/USD, Gold & SPX
2020-06-01 15:30:00
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
US Dollar Hemorrhaging as GBP/USD & AUD/USD Soar, USD/CAD Sinks
2020-06-01 17:00:00
GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since May 06, 2020 when GBP/USD traded near 1.23.
2020-06-01 16:23:00
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
Technical Trade Levels: Dollar, EUR/USD, USD/CAD, AUD/USD, Gold & SPX
2020-06-01 15:30:00
Forex Economic Calendar Week Ahead: RBA, BOC, ECB Meetings; Canada & US Jobs Reports
2020-06-01 14:10:00
More View more
Real Time News
  • (Special) Are recent gains in the Indian #Rupee and #Nifty50 warranted? Risks are brewing in the background, leaving $USDINR in a consolidative setting as the Nifty pressures resistance - https://www.dailyfx.com/forex/fundamental/article/special_report/2020/06/02/Indian-Rupee-Nifty-50-Outlook-Technical-Levels-Pressured-Risks-Brew.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/6PSme2wCDa
  • The US Dollar is attempting to find direction against the Singapore Dollar, Philippine Peso and Indonesian Rupiah as technical levels hold. The Malaysian Ringgit eyes a key trend line. Get your market update from @ddubrovskyFX here:https://t.co/lcSLkOnJgQ https://t.co/vryqn4rRU4
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: 0.01% Oil - US Crude: -0.03% Silver: -0.55% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/15QcnuOwHa
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.01% 🇬🇧GBP: -0.02% 🇯🇵JPY: -0.05% 🇪🇺EUR: -0.13% 🇳🇿NZD: -0.22% 🇦🇺AUD: -0.23% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/vPJr6TpvF6
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.90%, while traders in US 500 are at opposite extremes with 78.20%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/xNfVZWeHaL
  • The $USD is falling against #ASEAN currencies such as the Singapore Dollar and Indonesian Rupiah as stock markets rise. Watch out for US-China escalation and Brexit talks. Get your market update from @ddubrovskyFX here:https://t.co/PziC8KZaIC https://t.co/IhJHu2WCVZ
  • For those who argue a bullish case for stocks... Let me counter with a single chart of the gold to S&P 500 ratio. Looks to me like risk-reward favors bullion over equities. $XAU $GLD https://t.co/6qiSh8E0ht https://t.co/lKViSEnrMc
  • - Silver prices could pull back as negative RSI divergence shows slowing momentum - Copper prices have risen over 20 percent, are now trading above 17-year uptrend - Monthly perspective show the base metal has entered into a key compression zone https://www.dailyfx.com/forex/market_alert/2020/06/02/Silver--Copper-Prices-Enjoyed-a-Nice-Ride---Is-it-Time-to-Get-Off.html
  • What is it about a colorful Bloomberg Terminal that is so satisfying to look at? https://t.co/Qtv9wwQv75
  • I have finally found a way to express the social climate in San Francisco and the effects of peer pressure: https://t.co/yYFXFHG2Lb
USD/CAD Retraces Prior Day’s Drop

USD/CAD Retraces Prior Day’s Drop

2014-04-09 12:11:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

eliottWaves_usd-cad_body_Picture_5.png, USD/CAD Retraces Prior Day’s Drop

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-USDCAD is below trendline support and one has to wonder whether or not the rate is going to come back to test the breakout level near 1.0650 although 1.0736/69 is a possible bottoming area.

-The dip under 1.0909 could also complete a flat correction from the January high.

LEVELS: 1.0800 1.0850 1.0880 | 1.0941 1.0978 1.1025

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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
Mixed
News & Analysis at your fingertips.