अब से हम Elev8 हैं
हम केवल एक ब्रोकर नहीं हैं। हम एक ऑल-इन-वन ट्रेडिंग इकोसिस्टम हैं—आपको विश्लेषण करने, ट्रेड करने और बढ़ने के लिए जो कुछ भी चाहिए, वह एक ही स्थान पर है। क्या आप अपने ट्रेडिंग को ऊँचा उठाने के लिए तैयार हैं?
ट्रेडिंग न्यूज़
21 Apr 2015
CAD recovers losses
FXStreet (Mumbai) - The USD/CAD has dropped to its opening rate of 1.2225, after having hit a high of 1.2279 levels earlier today as crude prices in the US recovered losses.
Supported by hourly 50-MA
The pair has managed to sustain above the hourly 50-MA located at 1.2222 levels despite the recovery in the WTI Crude futures. Earlier today, the CAD had come under pressure after the WTI futures fell to a low of USD 57.15/barrel.
However, crude prices too, have recovered to trade at largely unchanged for the day around USD 57.80/barrel. Consequently, the Canadian dollar recovered losses. The broad based weakness in the USD ahead of the US session also helped the CAD make a comeback.
USD/CAD Technical Levels
The immediate support is seen at 1.2222 (hourly 50-MA), under which losses could be extended to 1.2179. On the flip side, a break above the daily high at 1.2279 could drive the pair higher to 1.2326 (Apr. 16 high).
Supported by hourly 50-MA
The pair has managed to sustain above the hourly 50-MA located at 1.2222 levels despite the recovery in the WTI Crude futures. Earlier today, the CAD had come under pressure after the WTI futures fell to a low of USD 57.15/barrel.
However, crude prices too, have recovered to trade at largely unchanged for the day around USD 57.80/barrel. Consequently, the Canadian dollar recovered losses. The broad based weakness in the USD ahead of the US session also helped the CAD make a comeback.
USD/CAD Technical Levels
The immediate support is seen at 1.2222 (hourly 50-MA), under which losses could be extended to 1.2179. On the flip side, a break above the daily high at 1.2279 could drive the pair higher to 1.2326 (Apr. 16 high).