USD/CAD Forecast October 6, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 06 October 2015 05:59 UTC

The USD/CAD  initially fell during the course of the day on Monday, but found enough support towards the end of the day to bounce a little bit and form a bit of a hammer. The 1.30 level below should be the “floor” in this market, and with that it’s only a matter of time before the buyers come back in. We are simply looking for a bit of a bounce in order to go long as the trend is so well ensconced in this pair. We have no interest in selling at the moment.








USD/CAD October 6, 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.


Subscribe to Newsletter

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