Sponsors

USD/CAD Forecast December 7, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Saturday, 05 December 2015 06:09 UTC

The USD/CAD pair went back and forth during the course of the day on Wednesday as we got employment numbers out of both the United States and Canada. Because of this, the market would always be volatile but we realize that the longer-term uptrend still is very much intact. Pullbacks at this point in time should be buying opportunities on short-term charts, and we eventually will get above the 1.35 level. Once we get above there, becomes more of a “buy-and-hold” type of market. We have no interest in selling this market at this point in time.

USD/CAD Forecast December 7, 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.