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
US Dollar Index, EUR/USD Charts & More
2020-03-31 12:30:00
EUR/USD Price Breaking Through Technical Support
2020-03-31 09:30:00
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
Stock Market Forecast: Recession Likely Unavoidable Amid Virus Fallout
2020-03-31 15:00:00
USD/CAD, USD/JPY, Oil Price, US Rates Analysis: Cross Asset Correlation
2020-03-31 10:30:00
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
Stock Market Forecast: Recession Likely Unavoidable Amid Virus Fallout
2020-03-31 15:00:00
Dow and S&P 500 Slow Advance a Best Outcome, G7 and Chinese PMI Ahead
2020-03-31 02:30:00
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
Gold Price Outlook: XAU/USD Breakout Stalls into March Close
2020-03-31 16:30:00
Stock Market Forecast: Recession Likely Unavoidable Amid Virus Fallout
2020-03-31 15:00:00
GBP/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
British Pound (GBP) Latest: GBP/USD Easing, FTSE 100 Gaining Ground
2020-03-31 08:10:00
Technical Trade Levels: US Dollar, AUD/USD, USD/CAD, S&P 500 & Gold
2020-03-30 16:00:00
USD/JPY
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
USD/CAD, USD/JPY, Oil Price, US Rates Analysis: Cross Asset Correlation
2020-03-31 10:30:00
USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Mar 24, 2020 09:00 GMT when USD/JPY traded near 111.12.
2020-03-31 09:23:00
More View more
Real Time News
  • Fed's Daly: - Federal government alone can't solve this problem - We are taking unprecedented action in unprecedented times $DXY
  • Fed's Daly: - Better to have been on a good footing when virus hit - Have been a proponent of infrastructure spending $SPX
  • Fed's Daly: - Further action dependent on evolution of the virus - Prepared to do whatever it takes to shore up economy $DXY
  • Fed's Daily: - Suspects we are already in a recession in the United States $SPX
  • LIVE NOW: Join @JStanleyFX as he runs through price action set-ups for the FX and CFDs market. https://www.dailyfx.com/webinars/1338844901231735299
  • time to make this happen - starting right now https://www.dailyfx.com/webinars/1338844901231735299 https://t.co/2Bq1cJwP8X
  • LIVE IN 5 MINUTES: Join @JStanleyFX as he runs through price action set-ups for the FX and CFDs market. https://www.dailyfx.com/webinars/1338844901231735299
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.80%, while traders in US 500 are at opposite extremes with 72.17%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/jw3mg4nz24
  • LIVE IN 15 MINUTES: Join @JStanleyFX as he runs through price action set-ups for the FX and CFDs market. https://www.dailyfx.com/webinars/1338844901231735299
  • New York Governor Cuomo says unemployment received 1.2 million calls last week compared to the normal 50k - BBG
USD/CAD Follows Through on Breakout; 1.0730/60 is Possible Support

USD/CAD Follows Through on Breakout; 1.0730/60 is Possible Support

2014-01-08 21:19:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

4Hour

eliottWaves_usdcad_body_Picture_5.png, USD/CAD Follows Through on Breakout; 1.0730/60 is Possible Support

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-USDCAD has broken out. The breakout is valid as long as price is above 1.0650. This market is one of my ‘top opportunities’ for 2014.

-There is no ‘chart resistance’ until the May 2010 high of 1.0853. Measured objectives are 1.1035 (Aug 2009 high is at 1.1124) and 1.1682 (Jul 2009 high is at 1.1724). We will watch longer term channels as well.

-1.0730/60 is estimated support.

Trading Bias: Stay long, stop 1.0640, targets 1.10 and 1.17 and will be looking to add to the trade after a day or 2 of sideways trade. Heads up, USDNOK might be the next market to break out.

LEVELS: 1.0677 1.0726 1.0760 | 1.0854 1.1035 1.1157

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

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

DISCLOSURES

Related Articles

USD/CAD 1.0775-1.0815 is Estimated Support This Week
USD/CAD 1.0775-1.0815 is Estimated Support This Week
2014-01-13 22:11:00
USD/CAD Breakout a Game Changer but Good Place for a Pullback
USD/CAD Breakout a Game Changer but Good Place for a Pullback
2014-01-09 22:51:00
USD/CAD Breakout; FIRST Target is above 1.1000
USD/CAD Breakout; FIRST Target is above 1.1000
2014-01-07 22:35:00
USD/CAD Needs to Hold 1.0559 to Stay with Breakout Trade
USD/CAD Needs to Hold 1.0559 to Stay with Breakout Trade
2013-12-23 17:43:00
Advertisement

Rates

USD/CAD
Bearish
News & Analysis at your fingertips.