Technical analysis on the USD/CAD pair for March, 26

The pair is set to decline

Technical Analysis
2019年3月26日

Now we are seeing on the chart that the pair has developed from the previously reached peaks and is directed downwards. The rise in oil prices helps the Canadian dollar, so the pair confidently approached our Moving Averages and soon may be fixed below the MA (21), indicating a sale.

The dollar index shows a decline and we observe that after the losses of last week, it still cannot confidently hold above the 96.00 mark.

The MACD has gone out of the histogram and is now putting pressure on the price, pointing to the strengthening of the downward movement.

We believe that the price will continue to decline due to a number of fundamental factors, and we advise you to take short positions on the pair. We recommend setting your take-profit near the 1.3355, 1.3335, and 1.3285 marks.

Aleksandr Yakovenko

Technical Analysis

EUR/USD Technical Analysis

The pair is volatile today, but we can try selling it.

Anna Sneider
2019年3月25日

Technical Analysis

EUR/GBP Technical Analysis

The pair shows a bullishness today due to the pound's weakness.

Anna Sneider
2019年3月21日

Technical Analysis

Technical Analysis of the EUR/USD Pair for March 21

The pair went into a correction.

Aleksandr Yakovenko
2019年3月21日