USD/CAD Price Analysis: Bears about to make a move at courageous bullish recovery

México Noticias Noticias

USD/CAD Price Analysis: Bears about to make a move at courageous bullish recovery
México Últimas Noticias,México Titulares
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

USD/CAD Price Analysis: Bears about to make a move at courageous bullish recovery USDCAD Technical Analysis

The bears are targeting the lows and we could see further selling coming in following this meanwhile correction. However, traders would be aware of the CPI and Fed events at the start of next week and thus we could see some derisking into the events that would likely see a deceleration of the bearish impulse as drawn above.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

FXStreetNews /  🏆 14. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

USD/CAD Price Analysis: Bulls taking control and eye significant correctionUSD/CAD Price Analysis: Bulls taking control and eye significant correctionUSD/CAD is been in the hands of the bulls at the start of the week while the yield on benchmark government debt climbed and despite a surprise in the
Leer más »

USD/CAD Price Analysis: Loonie grinds within bearish channel, 1.3450 and BoC in focusUSD/CAD Price Analysis: Loonie grinds within bearish channel, 1.3450 and BoC in focusUSD/CAD aptly portrays the Loonie trader’s cautious mood ahead of the Bank of Canada (BoC) Interest Rate Decision as it pares recent losses around a m
Leer más »

GBP/USD Price Analysis: Bears on the prowl at resistanceGBP/USD Price Analysis: Bears on the prowl at resistanceGBP/USD started the week off by dropping below 1.24, approaching a two-month low of 1.2306 reached on May 25th, as investors perceive a narrowing inte
Leer más »

AUD/USD Price Analysis: Bulls eye 0.6700 but bears are lurking ahead of the FedAUD/USD Price Analysis: Bulls eye 0.6700 but bears are lurking ahead of the FedAUD/USD has rallied to the highest since mid-May following the Reserve Bank of Australia (RBA) meeting that raised interest rates. The cash rate is no
Leer más »

USD/JPY Price Analysis: Bears eye the weekly wick targetUSD/JPY Price Analysis: Bears eye the weekly wick targetUSD/JPY is under pressure as the bullish rally starts to decelerate. The bears are in the market and eye a correction that targets the trendline suppo
Leer más »

Silver Price Analysis: XAG/USD bears flirt with 200-hour SMA, below mid-$23.00sSilver Price Analysis: XAG/USD bears flirt with 200-hour SMA, below mid-$23.00sSilver comes under some selling pressure on Wednesday and sticks to its modest intraday losses through the early part of the European session. The whi
Leer más »



Render Time: 2025-02-28 05:56:57