Back to the Forex Alerts day's list
Alert - 17:40 (CET) - UsdCad
|
The UsdCad is trading at 1.1940, ranging between 1.1819 and 1.2037. Checking the hourly graphics, we see that the 20- and 50-day EMA are over the 200-day EMA.
The resistances are at 1.2500 (key), 1.2847 (November 24th high) and 1.3000 (key). As te support at 1.2000 was broken, the traders are watching the next at 1.1657 (October 11th low) and 1.1464 (November 5th low).
Meanwhile, the 60-minute RSI is at 49 points, rebounding from the oversold area. The volatility per hour could reach 270 pips. The current price is over the 61.80% (1.2100), and under the 100.00% (1.3990) Fibonacci retracement lines.
|
|
ACM Advanced Currency Markets SA (hereinafter referred as ACM) is a professional financial intermediary, directly regulated by the Swiss Federal Department of Finance, Anti Money Laundering Control Authority. As forex specialist, ACM provides only currency and precious metals trading via highly professional forex trading software. All customers are aware that this information or any part thereof has been prepared without taking account of your objectives, financial situation and/or needs. This information is not intended as personalized investment advice and does not constitute a recommendation. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. The analysis is based on the information which ACM finds reliable and accurate, but ACM does not assume any responsibility for any material nor for the transactions made on the basis of the information or the estimates of the analysis. ACM cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct, indirect and/or consequential loss arising from any use of this information, document or its content. All opinions and estimates constitute ACM analysis as of the data and are subject to change without notice. ACM does not warrant the accuracy or completeness of information contained herein, such information is subject to change and is not intended to influence your investment decisions. Past performance is not a reliable indicator of future performance.
|