Dollar A.S. / Dollar KanadaPembelian
USD/CAD: general analysis
Current trend
The Canadian Dollar is declining amid a fall in oil prices. Most analysts suggest the price of oil has not reached its possible lowest level yet; thus, the fall might continue. Moreover, Stephen Poloz, Governor of the Bank of Canada, stated a possibility of an interest rate cut in case of a crisis.
Support and resistance
The pair is trading between the levels of 1.4000 and 1.3835 (0.0% and 23.6% Fibonacci correction levels).
Support level: 1.3835 (23.6% Fibonacci).
Resistance level: 1.4000 (0.0% Fibonacci).
Trading tips
Place pending buy orders at the level of 1.3960 with trailing stop 20 points away.
The Canadian Dollar is declining amid a fall in oil prices. Most analysts suggest the price of oil has not reached its possible lowest level yet; thus, the fall might continue. Moreover, Stephen Poloz, Governor of the Bank of Canada, stated a possibility of an interest rate cut in case of a crisis.
Support and resistance
The pair is trading between the levels of 1.4000 and 1.3835 (0.0% and 23.6% Fibonacci correction levels).
Support level: 1.3835 (23.6% Fibonacci).
Resistance level: 1.4000 (0.0% Fibonacci).
Trading tips
Place pending buy orders at the level of 1.3960 with trailing stop 20 points away.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.