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
ECB Elevates Currency War Risks, Retail Traders Claim Short Squeeze Victory - US Market Open
2021-01-27 14:35:00
US Dollar Technical Outlook Turning Positive: USD Charts to Watch
2021-01-27 13:30:00
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
Oil Price Reverses Ahead of Weekly Low as US Crude Inventories Fall
2021-01-27 20:00:00
Crude Oil Price Grinding Back to Multi-Month High on Positive Fundamentals
2021-01-27 12:00:00
Wall Street
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
Gold Price, Dow, DXY React to January 2021 Fed Rate Decision
2021-01-27 19:20:00
Why a Rise in Retail Trading May Signal Another Mania
2021-01-27 17:30:00
Gold
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
Gold Price, Dow, DXY React to January 2021 Fed Rate Decision
2021-01-27 19:20:00
Gold Price Remains Vulnerable as US Treasury Yields Continue to Fall
2021-01-27 15:00:00
GBP/USD
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
US Dollar Technical Outlook Turning Positive: USD Charts to Watch
2021-01-27 13:30:00
Sentiment Snapshot (UK): FTSE, GBP/USD, GBP/JPY
2021-01-27 12:39:00
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
USD/JPY Probing Break to the Upside from Downward Sloping Channel
2021-01-27 16:00:00
US Dollar Technical Outlook Turning Positive: USD Charts to Watch
2021-01-27 13:30:00
More View more
Real Time News
  • The Euro is under pressure this morning following surprisingly dovish comments from ECB’s Knot, going against his typically more hawkish stance. Get your $EURUSD market update from @JMcQueenFX here:https://t.co/ySbYLIAvM5 https://t.co/KLEP03REcm
  • US equities hovering near session lows in wake of the FOMC statement and press conference from Fed Chair Powell. The S&P 500 Index is currently trading -2.7% lower with 30-minutes to go until the close. $SPX $SPY $ES_F #Stocks https://t.co/pT56yQF4md
  • Fed Chair Powell: -Have not made decision on removing bank restrictions -Some housing tightness is passing phenomenon -Large increases in home prices unlikely to be sustained -Corporate defaults have been fewer than expected -We haven't seen as much scarring as we feared
  • Fed Chair Powell: -Emergency lending facilities were very helpful to economy -Haven't talked with US Treasury about emergency tools
  • Federal Reserve holds its policy interest rate and pace of asset purchases steady as expected. Get your $XAUUSD market update from @RichardSnowFX here:https://t.co/8CIIMYDUtr https://t.co/0U48GH20aM
  • Fed Chair Powell: -World has been struggling with disinflationary forces for a while -US inflation dynamics won't change much over near term -More concerned about recovery than pickup in inflation -Inflation resembling past decades seems unlikely
  • Fed Chair Powell: -Talk of tapering asset purchases is premature -Just too early to be talking about dates on tapering bond buying plans -Tapering would be gradual when we do it -Whole focus on exit is premature $SPX $NDX $DJI $USD $DXY $XAUUSD $TNX
  • Fed Chair Powell: -Pandemic, new virus strains still provide considerable downside risks -Will take quite a while to get to herd immunity -Vaccine rollout likely to be a struggle -Nothing more important to economy now than vaccinations
  • Fed Chair Powell: -Coming months' rise in inflation will be transient -We will be patient and not react when we see modest bumps in inflation -Very unlikely that we'll see troubling inflation -Not going to adopt a formula on inflation
  • Fed Chair Powell: -Financial vulnerabilities are 'moderate' right now overall -Asset prices have recently been driven by vaccines, fiscal steps -Link between interest rates and asset prices not so strong
USD/CAD Technical Analysis 02.04.2013

USD/CAD Technical Analysis 02.04.2013

Ilya Spivak, Head Strategist, APAC

USD/CAD Technical Analysis- Prices moved lower as expected after putting in a Shooting Star candlestick. Sellers found initial support at 0.9957, the 50% Fibonacci retracement. A break below that targets the 61.8% level at 0.9923. Near-term resistance is at 0.9991, the 38.2% Fib, with a push above that exposing the parity figure and the 23.6% retracement at 1.0032.

Forex_USDCAD_Technical_Analysis_02.04.2013_body_Picture_1.png, USD/CAD Technical Analysis 02.04.2013

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

US Dollar Technical Outlook Turning Positive: USD Charts to Watch
US Dollar Technical Outlook Turning Positive: USD Charts to Watch
2021-01-27 13:30:00
Euro Forecast: Trading Through Political Headwinds - Setups in EUR/JPY, EUR/USD Rates
Euro Forecast: Trading Through Political Headwinds - Setups in EUR/JPY, EUR/USD Rates
2021-01-26 16:18:00
S&P 500, Nasdaq 100 Pushing Onward; Watch FANMAG Breakout
S&P 500, Nasdaq 100 Pushing Onward; Watch FANMAG Breakout
2021-01-26 13:30:00
Silver Price Forecast: Pandemic Uptrend Support Nearby - Levels for XAG/USD
Silver Price Forecast: Pandemic Uptrend Support Nearby - Levels for XAG/USD
2021-01-26 13:15:00
Advertisement

Rates

USD/CAD
Bullish