Economic CalendarQuotes & ChartsForex Trading SignalsPAMM Account RatingTrading Sessions
flag English arrow
logo
Home
Publications
Top Articles Forex Analytics Forex Analysis for Beginners Video Analytics Crypto News Forex NewsForex TVForex HumorNews in Pictures Trader Journals
See also
Forex Online
Quotes & Charts Forex AnalyticsForex NewsEconomic Calendar Technical Analysis Patterns Forex Trading Signals PAMM Account Rating Trading Session Schedule
See also
Crypto
QuotesNewsTrade Crypto IFXBIT Platform #Bitcoin#Ethereum#RippleBitcoin Cash
Monitoring
Forum
Trade Now

FX.co ★ USD/CAD Rebound , March 18, 2011 (Daily Strategy)

header image

Forex Analysis

2011-03-18T14:30:45
iconLong-term review

USD/CAD Rebound , March 18, 2011 (Daily Strategy)

USD/CAD Rebound , March 18, 2011 (Daily Strategy)

USD/CAD

The United States dollar – Canadian dollar par that had started building a positive momentum in the last few days due to the growing crisis in Japan, according to the Fibonacci indicator, the pair has fallen to 61.8 around the 0.9808 level. If the positive investor mood continue in taking over the markets the pair USD/CAD could resume its upward force, and return to index rises that may, potentially, push it towards the resistance level of 1.0100 Canadian dollars for one United States dollar.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account