USD/CAD Price Analysis: Bears eye 1.3300 but bulls step in to test prior support

México Noticias Noticias

USD/CAD Price Analysis: Bears eye 1.3300 but bulls step in to test prior support
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 eye 1.3300 but bulls step in to test prior support USDCAD Technical Analysis

, where the M-formation supported a meanwhile bullish thesis at the start of the week to pull in bulls only to shake them out for a mid-week setup, the price action has played out as follows:The reversion pattern was eyed that was expected to draw in the price towards the anticipated resistance near 1.3470s:The bears are in charge now and the 1.3350s guard a run to the 1.3300 target:Information on these pages contains forward-looking statements that involve risks and uncertainties.

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: Subdued around 1.3420s as a doji emergesUSD/CAD Price Analysis: Subdued around 1.3420s as a doji emergesUSD/CAD reverses its uptrend and drops below the 100-day Exponential Moving Average (EMA) at 1.3427, set to finish Wednesday’s session with losses of
Leer más »

USD/CHF Price Analysis: Bears eye sub-0.9200 zone on breaking immediate support lineUSD/CHF Price Analysis: Bears eye sub-0.9200 zone on breaking immediate support lineUSD/CHF Price Analysis: Bears eye sub-0.9200 zone on breaking immediate support line USDCHF Technical Analysis ChartPatterns TrendFollowing Majors
Leer más »

USD/JPY Price Analysis: Bears testing bull's commitments at 131.50 ahead of US CPIUSD/JPY Price Analysis: Bears testing bull's commitments at 131.50 ahead of US CPIUSD/JPY is down some 0.5% on the day following the Bank of Japan headlines: BoJ to review side effects of its massive monetary easing at its policy me
Leer más »

GBP/JPY Price Analysis: Bears jump back from 160.80 resistance confluenceGBP/JPY Price Analysis: Bears jump back from 160.80 resistance confluenceGBP/JPY stands on the slippery ground as it renews its intraday low near 159.90 during early Thursday morning in London. In doing so, the cross-curren
Leer más »

USD/CAD struggles around 1.3430 as Oil bulls run out of steam, US inflation eyedUSD/CAD struggles around 1.3430 as Oil bulls run out of steam, US inflation eyedUSD/CAD clings to 1.3430 while keeping the previous day’s inaction as markets turn cautious ahead of the key US Consumer Price Index (CPI) data for De
Leer más »

USD/CAD retreats towards 1.3400 amid mixed signals from options marketUSD/CAD retreats towards 1.3400 amid mixed signals from options marketUSD/CAD takes offers to pare intraday gains around 1.3420 during early Wednesday morning in Europe. In doing so, the Loonie pair fails to trace option
Leer más »



Render Time: 2025-02-27 21:57:16