empty
 
 
13.07.2021: Forex Analysis & Reviews: USD/CAD In Buyers Territory!

analytics60edb2d3064f1.jpg

USD/CAD has dropped a little in the short term, but the decline was only a temporary one. I've told you in a previous analysis that USD/CAD could increase if it stays above the 1.2470 level.

It's located at 1.2517 level and it could resume its growth after a temporary decline. It could slip lower after today's rally trying to attract more buyers. A minor decline could bring a new upside momentum.

Trading Conclusion!

Passing above 1.2532 today's high could indicate more gains and a potential growth towards 1.2600 psychological level. It could increase as long as it stays above 1.2470.

The bullish scenario could be invalidated by a drop below 1.2443 low.

*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。

Ralph Shedler,
Analytical expert of InstaForex
© 2007-2024
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
现在无法通话?
提出您的问题,用 在线帮助.
Widget callback