- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CAD Price Analysis: Mildly offered at fortnight low near 1.2850, further downside expected
USD/CAD Price Analysis: Mildly offered at fortnight low near 1.2850, further downside expected
- USD/CAD drops for the third consecutive day, extends pullback from six-week-old horizontal resistance.
- Downbeat RSI favors bears targeting 200-SMA, double tops challenge the advances.
USD/CAD prints a three-day downtrend as sellers flirt with the lowest levels in two weeks around 1.2860 during early Thursday morning in Europe.
The Loonie pair’s latest losses could be linked to the early week failure to cross a six-week-old horizontal resistance, as well as downbeat RSI (14).
With this, the USD/CAD sellers aim for the 100-SMA level surrounding 1.2840. However, the nearly oversold RSI conditions and the 200-SMA level, around 1.2805 by the press time, could restrict the quote’s further weakness.
In a case where the pair drops below 1.2805, the 50% and 61.8% Fibonacci retracement of April-June upside, respectively around 1.2770 and 1.2700, will be on the bear’s radar.
Meanwhile, USD/CAD bulls need a clear upside break of the 1.2900 mark, comprising the aforementioned horizontal area, to retake control.
Even so, the 1.3000 psychological magnet and the double tops marked around 1.3080 will be tough nuts to crack for the pair buyers.
Should the quote remains firmer past 1.3080, the odds of witnessing a rally towards the late 2020 peaks above 1.3400 can’t be ruled out.
USD/CAD: Four-hour chart
Trend: Further downside 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
