USD/CAD: Current outlook for January 23, 2013

January 24, 2013
 
The pair reached the 0.9980-1.0055 resistance area, right where the 200-Day SMA resides. A clear break above this area would confirm the medium-term uptrend towards the 1.0250 resistance. Otherwise, we would see a drop back towards the 0.9880-0.9910 resistance-turned-support area, which contains the 50-Day SMA and the 100-Day SMA, with a break below to confirm setbacks towards the 0.7735-0.7760 support area and ultimately ahead of the 0.9630 low.
Publication source
Admiral Markets information  Admiral Markets reviews

January 23, 2017
Can Supreme Court Ruling Help GBPUSD Remain Bullish ?
Tomorrow, Tuesday 24 January, around 09:30 GMT, the UK Supreme Court will release the Brexit lawsuit Ruling, on whether the UK Prime Minister Theresa May will need the UK parliament’s approval to invoke Article 50 of the Lisbon Treaty, to leave the EU...
January 20, 2017
Cautious EURUSD Ahead of ECB Press Conference
USD, and the US government bond yields, surged last night following Fed president Janet Yellen’s speech to the Commonwealth Club in San Francisco...
January 19, 2017
Is equilibrium out of reach?
Let’s check what’s going on with Oil before turning our attention to the Russian Ruble. “Black gold” is forming a reversal pattern next to the key level of 52.10. The only matter is that this pattern is above the horizontal level, but the 52.10 level can potentially become the neckline of our pattern...

OctaFX Rating
Trade360 Rating
FBS Rating
NPBFX Rating
Orbex Rating
Z.com Trade Rating

365BinaryOption Rating
TopOption Rating
Anyoption Rating
OptionRally Rating
24option Rating
OptionFair Rating