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USDCAD Technical Analysis Forecast Wednesday, April 16, 2014

ForexZig.com April 16, 2014

USDCAD Technical Analysis

Within the Tuesday, April 15, 2014 forex currency pair USDCAD started the session at 1.09632 and closed at 1.09811.

Daily high was 1.10126 and daily bottom value was 1.09614.

At the time of the Asian trade the currency pair USDCAD started the session at 1.09632 and closed at 1.09672. Asian highest rate was 1.09700, Asian low was 1.09614.

At the time of the European trade the currency pair USDCAD started the session at 1.09765 and closed at 1.09926. European highest rate was 1.09993, European low was 1.09765.

At the time of the U.S. trading the currency pair USDCAD opened at 1.09915 and ended at 1.09799. US highest price was 1.10126, U.S. bottom value was 1.09737.

USDCAD Wednesday, April 16, 2014 Daily analysis for USDCAD

Support Resistance points for Wednesday, April 16, 2014

S3 S2 S1 Pivot R1 R2 R3
1.09063 1.09338 1.09575 1.09850 1.10087 1.10362 1.10599

USDCAD Forecast

We expect short-term adjustment at 0.00046 and a long-term shift at 0.00195 or our forecast is uptrend and target 1.10006.

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