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
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
EURUSD and Nasdaq 100 to Start Week with Multi-Month Breakdown
2021-03-06 08:15:00
Weekly Technical Euro Forecast: Basically a Falling Knife
2021-03-06 00:50:00
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 Aiming Higher on OPEC Surprise, Inflation Expectations
2021-03-06 16:00:00
Oil Price Forecast: Crude Eyes 2019 High Following OPEC JMMC Meeting
2021-03-05 15:00:00
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
Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
2021-03-06 08:00:00
Live Data Coverage: February US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-03-05 13:00:00
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 Weekly Technical Forecast: Gold Sinks to Crucial Level - Bulls Last Hope?
2021-03-05 20:00:00
Live Data Coverage: February US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-03-05 13:00:00
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
Weekly Technical Euro Forecast: Basically a Falling Knife
2021-03-06 00:50:00
FX Week Ahead - Top 5 Events: US Inflation; BOC & ECB Rate Decisions; UK GDP; Canada Jobs
2021-03-05 22:00:00
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
Weekly Technical Euro Forecast: Basically a Falling Knife
2021-03-06 00:50:00
FX Week Ahead - Top 5 Events: US Inflation; BOC & ECB Rate Decisions; UK GDP; Canada Jobs
2021-03-05 22:00:00
More View more
Real Time News
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here: https://t.co/CNtqrKWDBY https://t.co/vABKiG4WNe
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here: https://t.co/7t4BzmLg8w https://t.co/IQyDCjb5Dn
  • Get your snapshot update of the of top level exchanges and key index performance from around the globe here: https://t.co/d8Re5anlG5 https://t.co/xFYoNUKhsM
  • Currency exchange rates are impacted by several factors. Are different world leaders a contributing factor? Find out here: https://t.co/4jsORznRTE https://t.co/ZjrCYXTIdD
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here: https://t.co/BdgFmkRxVw https://t.co/dPE4AsJxqv
  • What are some trading takeaways from 2020, as we jump into the new year? Find out with your free guide here: https://t.co/e7udCTJlmf #DailyfxGuides https://t.co/9bsQkh2WMF
  • Trading Forex is not a shortcut to instant wealth, excessive leverage can magnify losses, and sentiment is a powerful indicator. Learn about these principles in depth here: https://t.co/lZFM8youtX https://t.co/DJccj3qiig
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/UK4E7wD6s8
  • Copper is on track to make a sixth consecutive monthly gain as prices inch towards its all-time high. The global backdrop remains supportive despite a short-term pause in the rally. Get your market update from @FxWestwater here:https://t.co/STEYeIG042 https://t.co/R794ENkS3c
  • Retail trader signals still hint that the Dow Jones and S&P 500 may be at risk, placing the focus on year-long rising trendlines to see if dominant upside biases hold.Get your market update from @ddubrovskyFX here:https://t.co/lFpzIFNmzW https://t.co/FoHTLDJWJe
USD/CAD Technical Analysis 03.28.2013

USD/CAD Technical Analysis 03.28.2013

Ilya Spivak, Head Strategist, APAC

USD/CAD Technical Analysis- Prices put in an Inverted Hammer candlestick above support in the 1.0137-42 area, marked by the 50% Fibonacci retracement and the bottom of a falling channel, hinting a move higher may be ahead. Near-term resistance is at 1.0185, the 38.2% Fib, with a push above that targeting the underside of a previously broken rising trend line at 1.0210.

Forex_USDCAD_Technical_Analysis_03.28.2013_body_Picture_5.png, USD/CAD Technical Analysis 03.28.2013

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

USD/CAD Technical Analysis: May Be Near Confirming a Bullish Bias
USD/CAD Technical Analysis: May Be Near Confirming a Bullish Bias
2021-03-05 13:00:00
Gold Price Outlook: Gold Breakdown Plunges into Downtrend Support
Gold Price Outlook: Gold Breakdown Plunges into Downtrend Support
2021-03-04 17:00:00
S&P 500 and Nasdaq 100 Technical Analysis: Looking Lower Still
S&P 500 and Nasdaq 100 Technical Analysis: Looking Lower Still
2021-03-04 13:30:00
British Pound Forecast: Digesting Gains Around Spring Budget - Levels for GBP/JPY, GBP/USD, EUR/GBP
British Pound Forecast: Digesting Gains Around Spring Budget - Levels for GBP/JPY, GBP/USD, EUR/GBP
2021-03-03 14:20:00
Advertisement

Rates

USD/CAD
Bearish