News & Analysis at your fingertips.

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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
Subscribe
Please try again
EUR/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
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
2021-04-20 15:40:00
Euro Outlook - EUR/USD Breakout But Sustained Rally May Prove Difficult
2021-04-20 09:13:00
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
Crude Oil Prices Drop as US Push Through With Anti-OPEC Bill
2021-04-20 16:20:00
Crude Oil Prices Look to US Inventory Data for Diretion
2021-04-20 06:00:00
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
What is Earnings Season & What to Look for in Earnings Reports?
2021-04-20 12:00:00
Dow Jones, S&P 500, Nasdaq 100 Forecast: Q1 Earnings Take Centre-Stage
2021-04-20 07:00:00
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 Breakout Stalls at Trend Resistance
2021-04-20 15:30:00
Market Sentiment Webinar: Bitcoin, Ethereum, Dogecoin and Gold in Focus
2021-04-20 11:30:00
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
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
2021-04-20 15:40:00
Pound Technical Forecast: GBP/USD, What to Watch Following Big Pop
2021-04-20 12:30:00
USD/JPY
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
Dollar Breaks USDJPY and GBPUSD Technical Barriers, Earnings and Dogecoin on Deck
2021-04-20 03:30:00
Technical Levels for US Dollar, EUR/USD, GBP/USD, AUD/USD, Gold & SPX
2021-04-19 14:46:00
More View more
Real Time News
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.08% 🇯🇵JPY: 0.07% 🇪🇺EUR: 0.04% 🇦🇺AUD: -0.17% 🇬🇧GBP: -0.23% 🇨🇦CAD: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/GC3sr4bk5B
  • - Recovery in the US is improving - The increase in Covid cases is concerning, but vaccines give optimism for a return to more normal conditions later this year
  • - Fed bond buying is at a pace "unrelated to magnitude of fiscal deficits" - Low Treasury yields show there is strong global demand for stable and liquid investments
  • Fed Chair Powell: - Too low inflation harms American families and businesses - We do not anticipate high inflation, but have the tools to address pressures if they arise #Fed $USD
  • looking forward to this, webinar starts in an hour. Topics on the radar: 1) USD Q2 Weakness 2) Gold brewing bullish potential? 3) Stonks through initial earnings outlays https://www.dailyfx.com/webinars/643096611 https://t.co/6YNhrv8E31
  • Please join @JStanleyFX at 13:00 EST/17:00 GMT for a webinar on trading price action. Register here: https://t.co/rFhWzz0pIy https://t.co/glXTOZWi5i
  • 🇷🇺 Unemployment Rate (MAR) Actual: 5.4% Expected: 5.6% Previous: 5.7% https://www.dailyfx.com/economic-calendar#2021-04-20
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.16% FTSE 100: 0.11% France 40: -0.00% Wall Street: -0.90% US 500: -0.93% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/7h5ZfhUZAv
  • $Gold pull back didn't quite get back to that area of prior resistance. But a couple of confluent fibo levels have come into play 1763-1766 https://t.co/klQZ7R6n1Z https://t.co/vBpKjqgRvd
  • Heads Up:🇷🇺 Unemployment Rate (MAR) due at 16:00 GMT (15min) Expected: 5.6% Previous: 5.7% https://www.dailyfx.com/economic-calendar#2021-04-20
Forex Analysis: USDCAD Classic Technical Report 11.06.2012

Forex Analysis: USDCAD Classic Technical Report 11.06.2012

Ilya Spivak, Head Strategist, APAC

Prices continue to stall after taking out resistance at 0.9943, the 38.2% Fibonacci retracement. Near-term resistance is at 1.0039, the 50% level.The 0.9943 level has been recast as support, with a drop back below that targeting the 0.9791-33 area. Overall positioning continues to favor a move to a measured upside target at 1.0140 after the pair completed an inverse Head and Shoulders bottom on October 19.

Forex_Analysis_USDCAD_Classic_Technical_Report_11.06.2012_body_Picture_5.png, Forex Analysis: USDCAD Classic Technical Report 11.06.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

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

DISCLOSURES

Related Articles

Gold Price Outlook: Gold Breakout Stalls at Trend Resistance
Gold Price Outlook: Gold Breakout Stalls at Trend Resistance
2021-04-20 15:30:00
Silver Price Forecast: Price Action Firming for Soft, White Metal - Levels for XAG/USD
Silver Price Forecast: Price Action Firming for Soft, White Metal - Levels for XAG/USD
2021-04-20 14:20:00
Pound Technical Forecast: GBP/USD, What to Watch Following Big Pop
Pound Technical Forecast: GBP/USD, What to Watch Following Big Pop
2021-04-20 12:30:00
Australian Dollar Price Outlook: AUD/USD, AUD/JPY, AUD/NZD, AUD/CHF
Australian Dollar Price Outlook: AUD/USD, AUD/JPY, AUD/NZD, AUD/CHF
2021-04-20 02:00:00
Advertisement

Rates

USD/CAD
Mixed