Sponsors

USD/CAD Forecast March 30, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 30 March 2016 06:57 UTC
The USD/CAD pair fell during the course of the session on Tuesday, as we race back down to the 1.3 level below. There is an uptrend line just below, as it has kept this market afloat in a significantly strong uptrend. Yes, we have pullback quite a bit here recently, but at this point in time we also have to pay attention to the oil markets. The oil markets look as if they are ready to pull back, and if that’s the case it’s likely that the USD/CAD pair could bounce from here and continue to go higher.

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.