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USDCAD Technical Analysis Forecast Thursday, May 16, 2013

ForexZig.com May 16, 2013

USDCAD Technical Analysis

At the previous trading day currency pair USDCAD opened at 1.01815 and ended at 1.01636.

Daily top price was 1.02184 and daily low was 1.01555.

In the Asian trade session the pair USDCAD opened at 1.01815 and ended at 1.01935. Asian highest level was 1.01944, Asian lowest value was 1.01778.

In the European trade session the pair USDCAD opened at 1.01857 and ended at 1.01971. European highest level was 1.02100, European lowest value was 1.01844.

In the U.S. trade the pair USDCAD started trading at 1.02143 and closed at 1.01733. US top value was 1.02184, U.S. low was 1.01690.

USDCAD Thursday, May 16, 2013 Daily analysis for USDCAD

Pivot points for today

S3 S2 S1 Pivot R1 R2 R3
1.00770 1.01163 1.01399 1.01792 1.02028 1.02421 1.02657

USDCAD Forecast

We have prognosis for short-term change at 0.00105 and a long-term adjustment at -0.00043 or our prediction is range and to reach 1.01593.

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