empty
 
 
20.06.2024 05:59 AM
Technical Analysis of Intraday Price Movement of USD/CAD Commodity Currency Pairs, Thursday June 20 2024.

This image is no longer relevant

With the condition of The Lonnie's price movement which is below WMA 30 Shift 2 and the Awesome Oscillator indicator which is below level 0, it has the potential to cause USD/CAD to weaken down, where the level of 1,3697 will try to be tested in the near future. If this level is successfully broken below, the level of 1,3679 will become the next target to be aimed at, but if during the weakening journey a correction suddenly occurs where USD/CAD strengthens again, especially if it broken above the 1,3725 level, then all the weakening scenarios that have been described will become invalid and automatically cancel by themselves.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback