Forex Trading: USDCAD trendline support tested
Posted by Greg Michalowski on Tue, 06/10/2008 - 8:12am in
1.0209 is trendline support going back to May 29th. A break will target lower levels.
Reply
 |
Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.
Navigation
Search
To subscribe to an RSS feed instead, click on the icon above
To learn how an RSS feed can help you stay in touch with FXDD market commentary, click on the following link
Recent blog posts
- Forex Trading: USDCAD moves above 100 hour moving average
- Forex News: Honda car sales worse than expectations
- Forex Trading: AUDUSD remains between the goal posts
- Forex News: Feds Plosser on the wires. Speaks of price stability and deflation
- Forex News: Toyota sales come in weaker than expectations
- Forex Trading: GBPUSD move back through the days midpoint at the 1.4919 level
- Forex Trading: GBPUSD bounces of the key Fibonacci resistance
- Forex Trading: Watching the EURUSD support level on the 5 minute chart
- Dec 2 2008 FXDD Live Market Update - How to trade a consolidating market
- Forex Trading: EURUSD approaches resistance
Trading Tools
Economic Calendar
Learning Center
