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
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Bearish
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
Gold
Bullish
GBP/USD
Bullish
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
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here: https://t.co/vg7w10la3j https://t.co/5GU4pInyEz
  • Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Gold: 0.12% Oil - US Crude: -0.06% Silver: -0.42% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Or5dlWpp5V
  • Oil - US Crude IG Client Sentiment: Our data shows traders are now net-long Oil - US Crude for the first time since Nov 17, 2020 when Oil - US Crude traded near 4,158.50. A contrarian view of crowd sentiment points to Oil - US Crude weakness. https://www.dailyfx.com/sentiment https://t.co/PfSmrjovuW
  • Forex Update: As of 08:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.03% 🇳🇿NZD: 0.01% 🇨🇭CHF: -0.03% 🇪🇺EUR: -0.10% 🇯🇵JPY: -0.25% 🇬🇧GBP: -0.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/uazAW4gwnj
  • EURGBP popping higher on negative Brexit headlines...+0.50% @ 0.9035 #eurgbp #brexit @DailyFXTeam https://t.co/inCrIn1xc2
  • US Dollar Price Outlook: DXY May Extend Fall on Renewed Fiscal Aid Hopes - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2020/12/02/US-Dollar-Price-Outlook-DXY-May-Extend-Fall-on-Renewed-Fiscal-Aid-Hopes-.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $USD $DXY https://t.co/Oa2qKHA6P1
  • $GBPUSD plunging after EU chief negotiator Michel Barnier tells EU ambassadors there may be no #Brexit deal... #GBP https://t.co/AkkWmcO46b
  • 🇪🇸 Unemployment Change (NOV) Actual: 25.3K Previous: 49.6K https://www.dailyfx.com/economic-calendar#2020-12-02
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: US 500: -0.20% FTSE 100: -0.30% Wall Street: -0.33% Germany 30: -0.34% France 40: -0.37% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/pcasAINTF3
  • Heads Up:🇪🇸 Unemployment Change (NOV) due at 08:00 GMT (15min) Previous: 49.6K https://www.dailyfx.com/economic-calendar#2020-12-02
USD/CAD Technical Analysis 05.14.2013

USD/CAD Technical Analysis 05.14.2013

2013-05-14 11:38:00
Ilya Spivak, Head Strategist, APAC
Share:

USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September 2012. Near-term resistance is at 1.0137, the 23.6% Fibonacci expansion. A break higher initially exposes the 38.2% level at 1.0214. Trend line support is now at 1.0021.

Forex_USDCAD_Technical_Analysis_05.14.2013_body_Picture_5.png, USD/CAD Technical Analysis 05.14.2013

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