USD/CAD Intraday: above its upper Bollinger band
Jan 17, 2025 6:38 PM
the upside prevails as long as 1.4403 is support.
Our pivot point stands at 1.4403.
Our preference:
the upside prevails as long as 1.4403 is support.
Alternative scenario:
below 1.4403, expect 1.4363 and 1.4340.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.4419 and 1.4406). Finally, the USD/CAD is trading above its upper Bollinger band (standing at 1.4449).
Supports and resistances:
1.4569 **
1.4545 *
1.4521 **
1.4498
1.4450 last
1.4418
1.4403 **
1.4363 *
1.4340 **
Our preference:
the upside prevails as long as 1.4403 is support.
Alternative scenario:
below 1.4403, expect 1.4363 and 1.4340.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.4419 and 1.4406). Finally, the USD/CAD is trading above its upper Bollinger band (standing at 1.4449).
Supports and resistances:
1.4569 **
1.4545 *
1.4521 **
1.4498
1.4450 last
1.4418
1.4403 **
1.4363 *
1.4340 **
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Related Instruments
USD/CAD
1.44794
0.00870
+0.60%