Sunday 5 February 2023

USD/CAD Weekly Outlook

USD/CAD gyrated lower to 1.3261 last week but recovered strongly since then. Initial bias stays neutral this week and outlook is unchanged. While the choppy fall from 1.3704 might still extend lower, strong support is expected to 1.3224 key support to bring rebound. On the upside, above 1.3470 minor resistance will indicate short term bottoming […] The post USD/CAD Weekly Outlook appeared first on Action Forex.
http://dlvr.it/ShyKRK
-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

OTC derivatives statistics at end-December 2023 - Bank for International Settlements

Close all . Turning to foreign exchange ( FX ) derivatives, their notional amounts grew during 2023, principally in the first half of the y...