- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CAD Price Analysis: Retreats from 50% Fibonacci retracement, 1.2530 in focus
USD/CAD Price Analysis: Retreats from 50% Fibonacci retracement, 1.2530 in focus
- USD/CAD holds onto pullback from six-week high, grinds lower of late.
- RSI nears overbought area, hints at limited upside scope.
- 50-DMA, support line of short-term ascending channel tests bulls.
USD/CAD remains depressed around 1.2600, after reversing from early October highs the previous day. With this, the quote stays below 50% Fibonacci retracement (Fibo.) level of August-October fall by the press time of Friday’s Asian session.
Given the limited upside room for the RSI line backing the quote’s latest drop below 50% Fibo. level, the latest downside is likely to extend, at least for the short term.
However, a convergence of the 50-DMA and lower line of the ascending trend channel from October 27 offers a tough nut to crack for the bears around 1.2530.
Should the quote drops below 1.2530, September’s low near 1.2490 and 23.6% Fibonacci retracement level around 1.2445 should return to the charts.
Alternatively, an upside break of the 50% Fibo., at 1.2618, will direct USD/CAD buyers towards the stated channel’s resistance line around 1.2680.
If at all the pair bulls cross the 1.2680 hurdle, the 61.8% Fibonacci retracement close to 1.2700 and 1.2765-70 area comprising multiple levels marked in September will be in the spotlight.
USD/CAD: Daily chart
Trend: Further declines expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
