Prova la demo Apri un conto
Trading
CFD
Binarie
Cripto
Conto Corrente
B2B
Mercati
Chi siamo
Prova la demo Apri un conto

USD/CAD breakout likely to occur

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs46%45%3.6%
Shorts54%55%-3.1%
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)BuyBuyNeutral
Alligator(13;8;5)SellSellBuy
SAR(0.02;0.2)BuySellBuy
Aggregate⇒⇘⇗

[ANNOUNCE]The US Dollar remained flat against the Canadian Dollar on Tuesday. The currency pair tested the bottom border of a horizontal channel pattern at the end of yesterday's trading session.[/ANNOUNCE]

Given that the 50-, 100– and 200-hour SMAs are above the price level, it is likely that the USD/CAD currency pair will continue to trade south during the following trading session.

A breakout through the lower boundary of the horizontal channel is likely to occur within this session.

Back to articles

Actual Topics

26 Jun 2019

NZD/USD moving towards target

PositionsTodayYesterdayChange Longs63%64%-2.2% Shorts37%36%3.7% Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)SellNeutralNeutral Stochastic(5;3;3)SellSellNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuySellSell Aggregate⇒⇒⇘ [ANNOUNCE]The New Zealand Dollar traded in an ascending channel pattern against the US Dollar on Tuesday. The currency pair pierced the 100-hour SMA at 0.6610 during the early hours of today's trading session.[/ANNOUNCE]As for the near future, it is likely that the exchange rate will continue its upside movement. Bullish

26 Jun 2019

AUD/USD supported by 50-hour SMA

PositionsTodayYesterdayChange Longs66%71%-6.8% Shorts34%29%13.5% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)SellNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyNeutralSell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇘ [ANNOUNCE]The Australian Dollar maintained an ascending channel pattern against the US Dollar on Tuesday. The 50-hour simple moving average provided support for the currency pair at 0.6968 during yesterday's trading session.[/ANNOUNCE] to maintain the channel pattern today. The potential upside target will be near the upper boundary at 0.70.Furthermore, technical indicators

26 Jun 2019

EUR/JPY bounces off 50% Fibo level

PositionsTodayYesterdayChange Longs73%73%-0.4% Shorts27%27%1.1% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)BuySellSell Aggregate⇗⇓⇘ [ANNOUNCE]The common European currency depreciated about 80 base points against the Japanese Yen on Tuesday. The currency pair tested a support level formed by the 50% Fibonacci retracement level at 121.72 during Tuesday's trading session. [/ANNOUNCE]After hitting the 50% Fibo, the exchange rate made an upside reversal. By and large,