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
Free Trading Guides
EUR/USD
Bullish
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
Wall Street
Bullish
Gold
Bearish
GBP/USD
Mixed
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
More View more
Real Time News
  • House Speaker Pelosi says "we have to think big" regarding stimulus $DXY $SPX
  • Hey traders! Get your Thursday market highlighs from @DailyFX Chief Strategist @JohnKicklighter 👇 https://t.co/com5RRIcDN
  • The @bankofengland left all policy measures unchanged today, in line with market expectations, and warned that Q2 GDP is likely to be over 20% lower than Q4 2019. Get your $GBPUSD market update from @nickcawley1 here:https://t.co/2VW5eo6n4e https://t.co/b5JDaKwSy9
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.17% 🇦🇺AUD: 0.05% 🇯🇵JPY: 0.01% 🇪🇺EUR: -0.32% 🇨🇦CAD: -0.38% 🇨🇭CHF: -0.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/REQGchSDuu
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.11% US 500: -0.21% Germany 30: -0.43% France 40: -0.87% FTSE 100: -1.31% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/TBhojLnpbO
  • Forgot to mention in my video last night in the rundown of the Dollar's retreat, $USDCNH has broken the channel floor 6.9750 https://t.co/lxFHbaKxSQ
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: 4.89% Gold: 1.27% Oil - US Crude: 0.24% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/gB4DPuEZv2
  • Read a headline that rankled me this morning that markets aren't pricing in a vaccine. We have at the very least suffered a historically fast and sharp economic contraction where at least some of the damage is permanent. And $SPX is a sneeze away (pun intended) from a record...
  • Tune in to @RichDvorakFX 's #webinar at 11:00 AM ET/3:00 PM GMT to learn how to identify trends with trader #sentiment. Register here: https://t.co/MqVMi2INbJ https://t.co/DlyQF6IBTG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.81%, while traders in US 500 are at opposite extremes with 75.63%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/e8GmpYBq6P
Forex Analysis: USD/CAD Classic Technical Report 11.19.2012

Forex Analysis: USD/CAD Classic Technical Report 11.19.2012

2012-11-19 07:59:00
Ilya Spivak, Head Strategist, APAC
Share:

Prices put in a Shooting Star candlestick below resistance at 1.0039, the 50% Fibonacci retracement, hinting a move lower is ahead. Initial rising trend line support lines up at 0.9914, with a break below that that initially exposing 0.9883. Alternatively, a push above resistance exposes the 61.8% Fib at 1.0135. 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_11.19.2012_body_Picture_5.png, Forex Analysis: USD/CAD Classic Technical Report 11.19.2012

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

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.