empty
 
 
cn
支持
即时开户
交易平台
入金/出金

18.06.202115:40 Forex Analysis & Reviews: Weekly reversal in USDCAD

Long-term review

USDCAD is trading near 1.24, when just a couple days ago it was trading at 1.2150. Our bullish signal at 1.2130 has progressed nicely and price has not only reached our 1.2350 target, it has also broken above the long-term downward sloping resistance trend line.

Exchange Rates 18.06.2021 analysis

Red line - resistance

Blue lines- Fibonacci retracements

USDCAD has most probable completed the decline from 1.45 and is now going to at least make a counter trend bounce. Having broken the long-term red trend line resistance, the chances of continuing this upward bounce towards the 38% Fibonacci retracement at the 1.2930-1.30 area are increasing. Short-term trend has changed to bullish as price has started making higher highs and higher lows. On a weekly basis the RSI is turning upwards from oversold levels and price is breaking important resistance levels. The next few weeks are expected to be bullish and push price towards the 38% Fibonacci level.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Alexandros Yfantis,
Analytical expert of InstaSpot
© 2007-2025
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

现在无法通话?
提出您的问题,用 在线帮助.