Thursday, October 15, 2026

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USD/CAD strengthens

5, 10 & 20 dma's conflict, 20 day Bollinger's contract - momentum studies drop Period of consolidation implied, confirmed by sustained 1.2498 20 dma break Tight doji in Asia opened slightly stronger - CLc1 trades +0.45% …

By Meredith J C Warren
1 min read
USD/CAD strengthens
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  • 5, 10 & 20 dma's conflict, 20 day Bollinger's contract - momentum studies drop

  • Period of consolidation implied, confirmed by sustained 1.2498 20 dma break

  • Tight doji in Asia opened slightly stronger - CLc1 trades +0.45%

  • Low pivot at 1.2350 recent range - close below ends move up in short term

  • Bids around 1.2420 & 1.2498/1.2509 5, 10 & 20 dma's support/resistance

 

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By FxWirePro Team