- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CAD Price Analysis: Corrects from three-month highs near 1.2850
USD/CAD Price Analysis: Corrects from three-month highs near 1.2850
- USD/CAD faces rejection once again near 1.2850 amid firmer WTI prices.
- The major has room to rise further amid a bullish breakout and firmer RSI.
- The immediate downside could find some support at the 1.2790 price zone.
USD/CAD is extending its corrective pullback from three-month highs of 1.2846, now attacking the 1.2800 level amid a rebound in oil prices.
The pair fails to benefit from the resurgent US dollar demand across the board, as WTI rebounds over 2% so far this Monday.
Meanwhile, investors move past the mixed US and Canadian employment data, as they await the Bank of Canada (BOC) rate decision due to be announced on Wednesday.
Looking at USD/CAD’s daily chart, the bears have fought back control, as the price now looks to test the critical trendline resistance now support at 1.2791.
Despite the pullback, the bullish potential remains intact after the pair witnessed an upside breakout from the three-month-long falling trendline support last Thursday.
The 14-day Relative Strength Index (RSI) is sitting just beneath the overbought territory, allowing more room for the upside.
Bulls will need to cross the multi-month highs to take on the September highs at 1.2896.
USD/CAD: Daily chart
On the downside, a firm break below the abovementioned strong support at 1.2791 could accentuate the correction towards Friday’s low of 1.2744.
The next bearish target is envisioned at 1.2700 if the selling pressure accelerates.
USD/CAD: Additional levels
© 2000-2026. 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
