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USD/CAD is ending the week strongly - TD Securities

FXstreet.com (London) - Ahead of Canadian CPI, research teams at TD Securities not that the Loonie is pressuring daily resistance at 1.0260 and above the 40-day MA.

They think the next level to focus on is 1.0300/10 weekly break-out resistance, above which they feel the prospects for a sharper rally in USD/CAD will be enhanced significantly. Intraday, the team are looking for good support on dips to the 1.0200/20 area. Overall TD Securities remain USD bullish.

Flash: EUR/USD faces bearish headwinds – UBS

UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's EUR crosses and note that there is a generally neutral-trending bias ahead.
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GBP/USD extends the downside

The sterling is now eroding the previous attempt to the boundaries of 1.5260, easing to the region of 1.5230/35 as the USD strength keeps weighting on the cross....
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