Friday , 20 September 2024
Home Forex USD/CAD Price Forecast: Bearish Hanging Man reversal pattern confirmed
Forex

USD/CAD Price Forecast: Bearish Hanging Man reversal pattern confirmed

USD/CAD formed a Hanging Man candlestick reversal pattern (blue rectangle on chart below) on Wednesday which suggests more downside is likely for the pair in the near-term.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Global Market Weekly Recap: September 16 – 20, 2024

It was a hectic week in the global financial markets, as the...

FX Weekly Recap: September 16 – 20, 2024

Although the FOMC decision was the main event on everyone’s radars, there...

Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.

Mixed end to the day for the major indicesQualcomm has approached Intel...

Mixed end to the day for the major indices

The major US stock indices are closing the day with mixed results....