Wednesday, January 15

Tag: Financial experts

USD/CAD: A push to brand-new short-term highs will restore hidden strength– Scotiabank

USD/CAD: A push to brand-new short-term highs will restore hidden strength– Scotiabank

Business
USD/CAD returns to the 1.3600 location. Financial experts at Scotiabank examine the set's outlook. Assistance stays 1.3540/ 1.3550 Area gains back to the 1.3600 location are putting a little bit more pressure on recently's highs and the turnaround ('night star' pattern) highlighted on Monday. A push to brand-new short-term highs negates the turnaround development and will restore the hidden strength in the USD for a push on to the mid/upper 1.3600 s. Assistance stays 1.3540/ 1.3550. See -- USD/CAD: Loonie to compromise even more before a turn-around in H2-- CIBC Details on these pages consists of positive declarations that include threats and unpredictabilities. Markets and instruments profiled on this page are for education...