Monday , 24 February 2025
Home Forex USD/CAD: USD-bearish technical signals show up on charts – Scotiabank
Forex

USD/CAD: USD-bearish technical signals show up on charts – Scotiabank

USD-bearish technical signals noted recently (‘engulfing’ patterns on the daily and weekly charts and a key reversal week on the ‘regular’ charts) remain the salient features of USD/CAD’s technical picture, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Russia’s Putin on US/Ukraine rare earth metals: It’s none of our business

Russia's Putin is on the wires saying that the US-Ukraine rare earth...

Germany is discussing EUR$200B in emegency defense spending

Germany is considering a EUR 200Billion in emergency defense spending to rebuild...

Crude oil futures settled $0.30 higher at $70.70

Crude oil futures are settling up $0.30 and $70.70. The low for...

NZDUSD buyers are leaning against progressively higher technical levels. What next?

Last week, NZDUSD found support at the rising 200-hour moving average, holding...