Sponsors

USD/CAD Forecast October 5, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 03 October 2015 11:47 UTC

The USD/CAD pair initially tried to rally on Friday but then turned back around to form a rather negative candle. With that being the case, the market looks as if it is to continue dropping from here. A close the very bottom of the candle is a sign that this market should continue to go much lower. With that being the case, the market looks as if we could get value come into play, and a supportive candle below is reason enough to start going long. The 1.30 level below is massively supportive.

 

 

 

 

 

 

 

USD/CAD Forecast October 5, 2015, Technical Analysis

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.