USDCAD USDCAD seems to be caught up in range and might stay between 1.0750 and 1.0250 levels during this week and traders will be looking to trade from both sides. More intensity in selling might be seen during this week, so conservative traders will prefer selling USDCAD during this week. Resistances Levels: 1.0580 1.0750 1.0865 Support Levels: 1.0400 1.0260 1.0150
Archive for February, 2010
USDCAD
Sunday, February 28th, 2010EURUSD testing important levels
Sunday, February 28th, 2010EURUSD is currently looking to test some important level at the moment. A good resistance can be seen at 1.3670 and EURUSD touched it once yesterday and might look to test it once again. If EURUSD managed to continue the current upward momentum and managed to break that level, then we will be looking EURUSD heading towards 1.3780 level and see the upward trend initiated. Keeping the current scenario in mind, it is most probable that we might see EURUSD taking a dip and heading back to its