确认您不是来自美国或菲律宾

在此声明,本人明确声明并确认:
  • 我不是美国公民或居民
  • 我不是菲律宾居民
  • 本人没有直接或间接拥有美国居民10%以上的股份/投票权/权益,和/或没有通过其他方式控制美国公民或居民。
  • 本人没有直接或间接的美国公民或居民10%以上的股份/投票权/权益的所有权,和/或受美国公民或居民其他任何方式行使的控制。
  • 根据FATCA 1504(a)对附属关系的定义,本人与美国公民或居民没有任何附属关系。
  • 我知道做出虚假声明所需付的责任。
就本声明而言,所有美国附属国家和地区均等同于美国的主要领土。本人承诺保护Octa Markets Incorporated及其董事和高级职员免受因违反本声明而产生或与之相关的任何索赔。
我们致力于保护您的隐私和您个人信息的安全。我们只收集电子邮件,以提供有关我们产品和服务的特别优惠和重要信息。通过提交您的电子邮件地址,您同意接收我们的此类信件。如果您想取消订阅或有任何问题或疑虑,请联系我们的客户支持。
Back

USD/CAD Price Analysis: Bears rein control below 1.2550

  • USD/CAD prints losses on Wednesday in the Asian session.
  • Bulls fail to cross 1.2550 decisively and surrender all the gains.
  • Momentum oscillator holds onto overbought zone with a neutral stance.

After testing the high of 1.2575 in the previous session, the USD/CAD pair subsidies all gains on Wednesday. The pair opened higher albeit fizzled out rather quickly to trade lower.

At the time of writing, USD/CAD is trading at 1.2521, down 0.12% for the day.

USD/CAD daily chart

On the daily chart, the USD/CAD pair has formed a Head & Shoulders ( H&S) technical pattern, which is a bearish reversal formation. A break of the neckline confirmed near 1.2515 resulted in quick downside momentum.

If price breaks intraday’s low, it could move lower toward the previous day’s low of 1.2489.

The receding Moving Average Convergence Divergence (MACD) indicator reflects the opportunities for further downside movement. Any downtick in the MACD would bring the 1.2460 horizontal support level back into action.

Next, the bears would capture the low of July 30 at 1.2422.

Alternatively, if price breaks the 20-day Simple Moving Average (SMA) at 1.2547, which coincides with the neckline of the H&S pattern would reverse the downside trend.

A daily close above the mentioned level would invite USD/CAD bulls to test the psychological mark of 1.2600.

The next area of resistance for the market participant would be the July 16 high of 1.2620 followed by the 1.2675 horizontal resistance level.

USD/CAD additional levels


 

EUR/GBP Price Analysis: Stays pressured towards 0.8500

EUR/GBP remains on the back foot around 0.8525 ahead of Wednesday’s European session. The cross-currency pair broke an ascending trend line from July
了解更多 Previous

USD/INR Price News: Rupee ignores India’s coronavirus woes to renew five-week high

USD/INR takes offers around 74.16, down 0.08 intraday, to refresh the multi-day low amid early Wednesday. In doing so, the Indian rupee (INR) pair dro
了解更多 Next