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.

Free Trading Guides
EUR/USD
Mixed
Oil - US Crude
Bearish
Wall Street
Bullish
Gold
Bullish
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
USD/JPY
Bearish
More View more
Real Time News
  • Heads Up:🇨🇭 CHF Retail Sales Real (YoY) (FEB) due at 06:30 GMT (15min), Actual: N/A Expected: N/A Previous: -0.1% https://www.dailyfx.com/economic-calendar#2020-03-31
  • EUR Germany Feb Import Prices MM Actual: -0.9% Forecast: -0.3% Previous: -0.4% YY Actual: -2% Forecast: -1.5% Previous: -0.9%
  • GBP UK Final 4Q GDP QQ Actual: 0.0% Prelim: 0.0% YY: 1.1% Prelim 1.1%
  • (ASEAN Weekly) The US Dollar fell as an improvement in sentiment slowed aggressive capital outflows from #EmergingMarkets and #ASEAN economies. What do $USDSGD, $USDMYR, $USDIDR and $USDPHP face next? - https://www.dailyfx.com/forex/fundamental/article/special_report/2020/03/31/US-Dollar-Fundamental-Outlook-USDSGD-USDMYR-USDIDR-USDPHP.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/aVHDPqIs3d
  • 🇯🇵 JPY Construction Orders (YoY) (FEB), Actual: 0.7% Expected: N/A Previous: -17.0% https://www.dailyfx.com/economic-calendar#2020-03-31
  • Have you joined @DailyFX @facebook group yet? Discuss your #forex strategies and brush up on your skills with us here: https://t.co/jtY1G7g8yx https://t.co/MGTg7aiGg7
  • 🇯🇵 JPY Housing Starts (YoY) (FEB), Actual: -12.3% Expected: -14.7% Previous: -10.1% https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Construction Orders (YoY) (FEB) due at 05:00 GMT (15min), Actual: N/A Expected: N/A Previous: -17.0% https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Housing Starts (YoY) (FEB) due at 05:00 GMT (15min), Actual: N/A Expected: -14.7% Previous: -10.1% https://www.dailyfx.com/economic-calendar#2020-03-31
  • #Silver and #gold prices have had a fascinating 2020, counterintuitively falling as the #coronavirus’ economic hit has become horribly apparent. A rebound is now afoot. Get your market update from @DavidCottleFX here: https://t.co/nng7lwQ22E https://t.co/Nrww62qkMt
USD/CAD Classical Technical Report 01.27

USD/CAD Classical Technical Report 01.27

2012-01-27 07:56:00
Joel Kruger, Technical Strategist
Share:
Daily_Classical_usdcad_body_cad2.png, USD/CAD Classical Technical Report 01.27

USD/CAD: Our constructive outlook remains intact despite the latest interday pullback with the market largely still consolidating above parity ahead of what we believe will be an eventual retest of the key October highs by 1.0660. From here, look for any interday pullbacks to be very well supported above 1.0000 on a daily close basis, while ultimately, only below 0.9900 would give reason for concern.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

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

DISCLOSURES

News & Analysis at your fingertips.