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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDCAD 30.7.2024

Technical Analysis

Tuesday, July 30, 2024 - 11:06

Point Trader Group

USDCAD 30.7.2024

General trend: down.
Expected scenario:
The pair is trading below 1.3880, which may push the pair to fall to 1.3800 – 1.3750
Alternative scenario:
The scenario turns bullish with a break of 1.3900, targeting 1.4000
The most important levels
resistance:
1.3900 – 1.4000
support:
1.3800 – 1.3750

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