empty
 
 
05.04.2023 07:47 AM
Technical Analysis of Daily Price Movement of USD/CAD Commodity Currency Pairs, April 05 2023.

This image is no longer relevant

If we look at the daily chart for the USD/CAD commodity currency pair, you can see that the price movement of the Lonnie is moving below the 21 EMA and the Awesome Oscillator indicator is in the negative area where this all shows that the dominance of the sellers is quite strong in USD/CAD so that in the next few days USD/CAD as long as there is no significant upward correction, especially until it breaks above the 1.3604 level, USD/CAD will continue to try to test the level below its current price, namely the 1.3261 level.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback