Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.
, | Updated: October 30, 2024
On Tuesday USD/CAD long positions should be opened above the hourly 21-period Exponential Moving Average (1.3944) with targets set in proximity to December 21st high of 1.3995 and stops placed just below the hourly 50-period EMA (1.3915-1.3925 area). Short positions, on the other hand, could be opened below the low from December 21st (1.3910) with targets set in proximity to December 18th low of 1.3851 and stops placed just above the hourly 21-period EMA.
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USD/CAD advanced, but gains seemed limited US dollar traded on higher levels against its Canadian counterpart on Friday, but greenbacks demand still felt the weight of comments made by FED Chairman Ben Bernanke on Wednesday, thus advance pace was limited.USD/CAD hit a session high […]
HTC share price up, sees more revenue growth in 2015 HTC Corp projected on Friday a further revenue increase in 2015 after the Taiwanese smartphone maker posted its first quarter of revenue growth in more than three years.For the three months ending March 31 HTC projected revenue to range […]
Forex Market: USD/CAD daily trading outlook Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3027-1.3129. The pair closed at 1.3124, rising 0.74% compared to Fridays close. It has been the 166th gain in the past 306 trading days and also the steepest one since July […]
| Updated: October 30, 2024
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover 
