Note: This section contains information in English only."The Canadian dollar weakened to set a seven-week low against its U.S. counterpart on Friday as oil fell, while hotter-than-expected U.S. inflation and recent tightening of the U.S. presidential election race supported the greenback."
– based on Reuters
Pair's Outlook
[ANNOUNCE]With the start of a new week the US Dollar depreciated by mid-Monday against the Canadian Dollar, as the currency exchange rate had touched the level of 1.3135, which is below the weekly PP at 1.3165.[/ANNOUNCE] Previously, the pair reached new heights, as the Greenback set a seven week high against the Canadian Dollar, as the currency rate set a new record level at 1.3249. In the meantime, daily aggregate technical indicators forecast a surge for the rate during the day, which might occur if the situation fully reverses itself.
Traders' Sentiment
SWFX traders' sentiment at the moment is 72% bearish. In the meantime, pending commands are 52% to sell the US Dollar.
Mon, 19 Sep 2016 13:32:04 GMT
Source: Dukascopy Bank SA
– based on Reuters
Pair's Outlook
[ANNOUNCE]With the start of a new week the US Dollar depreciated by mid-Monday against the Canadian Dollar, as the currency exchange rate had touched the level of 1.3135, which is below the weekly PP at 1.3165.[/ANNOUNCE] Previously, the pair reached new heights, as the Greenback set a seven week high against the Canadian Dollar, as the currency rate set a new record level at 1.3249. In the meantime, daily aggregate technical indicators forecast a surge for the rate during the day, which might occur if the situation fully reverses itself.
Traders' Sentiment
SWFX traders' sentiment at the moment is 72% bearish. In the meantime, pending commands are 52% to sell the US Dollar.