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USDCAD Technical Analysis Forecast Friday, March 01, 2013

ForexZig.com March 1, 2013

USDCAD Technical Analysis

At the preceding trading day currency pair USDCAD started the session at 1.02331 and closed at 1.03017.

Daily high was 1.03125 and daily low was 1.02157.

In the Asian trade the pair USDCAD started the session at 1.02331 and closed at 1.02264. Asian top price was 1.02374, Asian bottom level was 1.02253.

In the European trade the pair USDCAD started the session at 1.02348 and closed at 1.02404. European top price was 1.02447, European bottom level was 1.02157.

In the U.S. trade session the pair USDCAD opened at 1.02464 and closed at 1.02858. U.S. highest level was 1.03083, US low was 1.02447.

USDCAD Friday, March 01, 2013 Daily analysis for USDCAD

Pivot points for today

S3 S2 S1 Pivot R1 R2 R3
1.01440 1.01798 1.02408 1.02766 1.03376 1.03734 1.04344

USDCAD Forecast

We have prognosis for short-term adjustment at -0.00278 and a long-term change at -0.00229 or our forecast is downtrend and target 1.02788.

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