FXstreet (FXstreet.cz)
Currencies  |  October 11, 2010 14:56:06

Forex Trading: Canadian Dollar



CAD currency pair USD remains neutral for the moment. Resistance value at 1.0377 remains an important level of resistance when the market keeps the downtrend from 1.0675, and the values ??it seems that this trend will continue. On the other hand is very strong support parity value (1.0000). It is a great likelihood that this could happen Support the recovery and rebound back into the market uptrend. If they could break the resistance level at 1.0377 is the next major resistance level value of 1.0675.

In the long run on the daily chart, we see a consolidation of the decline of 1.0851. At this point, we expect strong support to the value of parity on daily chart. And we can expect strong resistance on the value of 1.3063, which is 38% FIBO retracement levels between 1.0851 and 1.0060. However, the market is still moving neutral and may even attack the parity value.And it is still very strong support level at 0.9929.




Peter Mašláň
FXstreet.cz

These reports prepared for you fxstreet.cz

Was this article: 10 | 8 | 6 | 4 | 2 | 0


Last news from the section Currencies:

Út   8:47  Koruna na pozitivní vlně regionu Jan Berka (Roklen24.cz)
Út   6:39  Vývoj na devizovém trhu – ranní zprávy 17.7.2018 Akcenta (AKCENTA CZ)
Po 17:48  Akciový trh je rozpálený do červena! STOX.CZ (Grant Capital)
Po 16:57  Dočkáme se dalšího letního navýšení sazeb? Markéta Höfferová (Kurzy.cz)

Read also:

November 02, 2010FOREX: Kanadský dolar se vrací k paritě 1,0000 FXstreet (FXstreet.cz)
September 07, 2009Forex: Kanadský dolar v pátek získával X-Trade Brokers (X-Trade Brokers )
August 24, 2009Forex: Dokáže kanadský dolar navázat na růst z předchozího týdne? X-Trade Brokers (X-Trade Brokers )

Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688