Don’t waste your time – keep track of how NFP affects the US dollar!

Thank you for visiting our website

The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?

Personal area

Facebook like

USD/CAD looks vulnerable

USD/CAD looks vulnerable

Updated

USD/CAD reversed down from 1.2865 last week and formed a candlestick with a long upper wick on the W1. On the D1, it was limited by the declining 50-day MA and formed a big candlestick yesterday that signals that sellers have the power to pull the prices lower. The decline below the support at 1.2680 will open the way down to 1.2650. If the US dollar recovers above 1.2705, it will be able to rise to 1.2735 where sellers will likely reappear.

Trade ideas for USD/CAD

SELL 1.2680; TP 1.2650; SL 1.2690

SELL 1.2740; TP 1.2680; SL 1.2760

USDCADH4.png

TRADE NOW     

Deposit with your local payment systems

Feel the Team Spirit

Got questions? FBS Oceania Customer Support is ready to help!

Contact us via email at support@fbsaustralia.com