Note: This section contains information in English only."Donald Trump is used to getting his way in the private sector and on reality TV, but he had to swallow a bitter pill last week as he suffered his first major setback as president."
— Kenny Fisher, Market Pulse (based on investing.com)
Pair's Outlook
[ANNOUNCE]By the middle of Tuesday's trading session the Greenback had reached above the 1.34 mark against the Loonie and made an attempt to break through the resistance put up by the monthly R1, which is located at the 1.3417 level. [/ANNOUNCE]However, by the middle of the day the currency exchange rate had failed and was on its way to retreat back to the weekly PP, which is located at the 1.3352 level. It is most likely that the currency pair will find support in the pivot point and then make another attempt at the monthly resistance.
Traders' Sentiment
SWFX traders are not changing their opinion, as 58% of trader open positions remain short. Meanwhile, 56% of trader set up orders are to buy the Loonie.
Tue, 28 Mar 2017 15:42:51 GMT
Source: Dukascopy Bank SA
— Kenny Fisher, Market Pulse (based on investing.com)
Pair's Outlook
[ANNOUNCE]By the middle of Tuesday's trading session the Greenback had reached above the 1.34 mark against the Loonie and made an attempt to break through the resistance put up by the monthly R1, which is located at the 1.3417 level. [/ANNOUNCE]However, by the middle of the day the currency exchange rate had failed and was on its way to retreat back to the weekly PP, which is located at the 1.3352 level. It is most likely that the currency pair will find support in the pivot point and then make another attempt at the monthly resistance.
Traders' Sentiment
SWFX traders are not changing their opinion, as 58% of trader open positions remain short. Meanwhile, 56% of trader set up orders are to buy the Loonie.