Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 04 - 01:55 PM

USD/CAD - Slips As Rising Biden Election Prospects Lifts Global Growth Tones

By Paul Spirgel  —  Nov 04 - 01:10 PM
  • USD/CAD ending NorAm near session low at 1.3115, Wed range 1.3298-1.3095

  • US elex tipped toward Biden; positive glbl growth tones lift commodities

  • Pair eyes Oct 21 low by 1.3081, then lower 21-d Bolli at 1.3050

  • Below early Jan's 2020 low by 1.2952 puts Oct 2018 low at 1.2783 in focus

  • Bulls need a rise above daily cloud (1.3265-43), Wednesday's 1.3298 high to gain momentum

CAD Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!