The USD/CAD is nearing its 61.8% retracement at 1.33999 as the dollar weakens. Breaking below 1.3400 could lead to further downside with a target at 1.3378. |
Tags: Featured,newsletter
Home › Videos › 4) FX Trends › 4.) Forex Live › The USDCAD tumbles lower and in the process is stretching toward key retracement target
Published on December 14, 2023
The USD/CAD is nearing its 61.8% retracement at 1.33999 as the dollar weakens. Breaking below 1.3400 could lead to further downside with a target at 1.3378. |
2023-12-06
USDCHF remains under pressure as sellers control the market. Buyers need to break above the swing area at 0.87704 to reverse the trend. However, the 100-hour moving average is providing some support for now.
2023-11-29
Reserve Bank of New Zealand leaves rates unchanged but suggests potential future tightening to tackle inflation, pushing NZDUSD higher. Buyers and sellers battle for control as market awaits the next move.
2023-11-28
The EURUSD pair is extending its range to the upside, with buyers pushing the price higher. Moving above key retracement levels, the pair is aiming for further gains, targeting swing area ceilings and showing strong bullish momentum.
Permanent link to this article: https://snbchf.com/video/usdcad-tumbles-lower-stretching-toward-retracement-target/
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Donate to SNBCHF.com Via Paypal or Bitcoin To Help Keep the Site Running
Please consider making a small donation to Snbchf.com. Thanks
4 May 2024
4 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
3 May 2024
© 2024 snbchf.com.
Powered by WordPress and the Graphene Theme.
1 ping