Thu, Dec 05, 2024 @ 02:06 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisUSD/CAD Bloodless

USD/CAD Bloodless

MultiBank Exchange Group
By MultiBank Exchange Group

USD/CAD changed little today and is waiting for the FOMC Statement to bring some action, we’ll see how will react after this main event. Price remains under massive selling pressure, the next downside target is at the 1.2460 static level, this represents a long term support. Only a significant accumulation will signal a reversal.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.