-“Despite extremely high RSI readings on the daily (above 85 the last several days), respect upside while above 1.42 (daily close basis). This level marks the top side of former channel resistance. A ...
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -USDCAD has pulled back from the line that crosses the July and August ...
-“The reaction lower after the test of the November high has dropped into support from the channel median line so upside resumption is possible immediately. The other level to be aware of for support ...
USD/CAD could gain ground as technical analysis indicates a recovery of bullish sentiment. A break above 1.3800 could lead the pair to revisit its five-month high of 1.3846. A breach below the channel ...
GBP/CAD continues to fall inside the clear 30-minute Down Channel which was recently identified by Autochartist. Autochartist rates the quality of daily this Down Channel at the 7-bar level – which is ...
USD/CAD may test its primary barrier at the psychological level of 1.4000. The 14-day Relative Strength Index remains above the 50 mark, indicating that bullish bias is in play. The immediate support ...
-“Despite extremely high RSI readings on the daily (above 85 the last several days), respect upside while above 1.42 (daily close basis). This level marks the top side of former channel resistance. A ...
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