Thursday, October 15, 2026

Technicals

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USD/CAD positive bias, targets 1.2485

Tight doji early - opened +0.95% with broad USD strength Political uncertainty appears, as voters turn left Momentum studies edge higher, 5, 10 & 20 dma's track north - positive setup Sustained 1.2378 break, 50% of March…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Tight doji early - opened +0.95% with broad USD strength

  • Political uncertainty appears, as voters turn left

  • Momentum studies edge higher, 5, 10 & 20 dma's track north - positive setup

  • Sustained 1.2378 break, 50% of March/May fall targets 1.2485 61.8% Fibonacci

  • Initial support/resistance are seen at 1.2354 and 1.2448 levels

 

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