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 occurs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs68%71%-5.4%
Shorts32%29%11.3%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuySell
SAR(0.02;0.2)BuyBuyBuy
Aggregate⇗⇗⇒

[ANNOUNCE]The USD/CAD currency pair bounced off a support level formed by the 200– hour simple moving average at 1.2450 on Wednesday.[/ANNOUNCE] As a result, the US Dollar surged by 98 pips or 0.78% against the Canadian Dollar. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session.

Given that a breakout has occurred, buyers could continue to push the exchange rate higher within this session.

However, bullish traders might encounter resistance at 1.2585 during the following trading session.

Back to articles

Actual Topics

15 Jul 2021

EUR/USD pierces SMA's resistance

On Thursday morning, the EUR/USD pierced the resistance of the 100 and 200-hour simple moving averages near the 1.1840 level. In the case that the rate surges, the pair would reach the resistance of the weekly simple pivot point at 1.1852. A failure of the pivot point could result in a test of the resistance zone just below the

15 Jul 2021

GBP/JPY potential target at 150.50

PositionsTodayYesterdayChange Longs26%28%-10.3% Shorts74%72%3.5% Indicator4H1D1W MACD(12;26;9)BuySellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellBuy SAR(0.02;0.2)SellSellBuy Aggregate⇒⇘⇗ [ANNOUNCE]The British Pound plunged by 92 pips or 0.60% against the Japanese Yen on Wednesday. The currency pair breached the 50– and 200– hour SMAs during Wednesday's trading session.[/ANNOUNCE]Everything being equal, the exchange rate could continue to trend lower during the following trading session. The potential target for the GBP/JPY

15 Jul 2021

AUD/USD remains near 200– hour SMA

PositionsTodayYesterdayChange Longs65%59%8.4% Shorts35%41%-15.4% Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)SellSellNeutral SAR(0.02;0.2)SellSellSell Aggregate⇘⇘⇒ [ANNOUNCE]The Australian Dollar grew by 46 pips or 0.61% against the US Dollar on Wednesday.[/ANNOUNCE] The surge was stopped by the 200– hour simple moving average at 0.7483 during Wednesday's trading session.As for the near future, the AUD/USD currency pair could continue to edge higher. Bullish traders might target the