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  Symbol Bid Ask
EURUSD 1.2885 1.2888
GBPUSD 1.5251 1.5254
USDJPY 102.61 102.64
USDCHF 0.9678 0.9681
USDCAD 1.0248 1.0251
EURJPY 132.23 132.26
EURCHF 1.2471 1.2474
GBPJPY 156.45 156.52
GBPCHF 1.4759 1.4766
GOLD 1393.67 1394.27

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USD/CAD Technical Correction , March 04, 2011 (Daily Strategy) 2011-03-04


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USD/CAD

A look on graph (daily) of the United States dollar - canadian dollar pair shows that the technical image on the pair is consolidating, showing an attractive buy opportunity.
The downward pressure has remained in the 1st weekly support, at 0.9710 from here,
We mention that, the pair will go to touch his Weekly pivot during these days around 0.9834,canadian dollar for one United States dollar.

 

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Performed by Gerardo Porras, Analytical expert
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