USD/CAD Decline Could Continue

BY admin admin

<p>The US Dollar declined by 51 points or 0.38% against the Canadian Dollar on Thursday. The 50– hour simple moving average pressured the currency pair lower during Thursday’s trading session. Bears could continue to pressure the USD/CAD exchange rate lower during the following trading session. The potential target for bearish traders would be near the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/318942-usd-cad-decline-could-continue/">USD/CAD Decline Could Continue</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

EUR/JPY Price Analysis: Rebound stalled at the 119.00 mark

After printing multi-week lows near 116.50 last week, EUR/JPY managed to regain some composure, although the bullish attempt stalled in the 119.00 nei

Forex

NASDAQ index moves back into negative territory

<p>The NASDAQ index has reverse back into negative territory. The index reached a high of 13654.14. It is currently marginally higher at 13558.50. At session highs, the index was up 98.46 points

Forex

US Dollar Eyes Trump Speech, Beware of Month-End Rebalancing

All eyes on President Trump’s press conference on China as tensions escalate. Beware of month-end rebalancing.

Copyright © 2024 | WordPress Theme: Xews Lite