Thursday, October 15, 2026

Technicals

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USD/CAD bias remains on upside

Traders are long at 1.2518 for 1.2650 while their stop is 1.2415 Tenkan & kijun lines are aligned positively, reinforcing upside potential Medium-term picture is bullish as 1.2286 intact 1.2286 - 23.6% retrace of the 1.0…

By Meredith J C Warren
1 min read
USD/CAD bias remains on upside
Image from the original EconoTimes article

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  • Traders are long at 1.2518 for 1.2650 while their stop is 1.2415

  • Tenkan & kijun lines are aligned positively, reinforcing upside potential

  • Medium-term picture is bullish as 1.2286 intact

  • 1.2286 - 23.6% retrace of the 1.0620 to 1.2800 up-leg

 

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By FxWirePro Team