ISE FX Canadian Dollar: under pressure.

By IBTimes Staff Reporter | April 21 2010 10:50 AM

Update on supports and resistances.Resistance3 : 111Resistance2 : 107.75Resistance1 : 103.5Last Price : 99.7Pivot Point: 103.5Support1 : 99.5Support2 : 97.15Support3 : 95Pivot: 103.5Our preference: Short positions below 103.5 with targets @ 99.5 & 97.15 in extension.Alternative scenario: Above 103.5 look for further upside with 107.75 & 111 as targets.Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.111107.75103.599.7 (last)99.597.1595*USD/CAD Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the CANADIAN DOLLAR. For details go to www.ise.com

Sponsorship Link

Radical AfD Political Party Could Disrupt German Elections

Radical AfD Political Party Could Disrupt German Elections

British Pound traded at 7-week lows aganst US-Dollar as U.K. retail sales slump

British Pound traded at 7-week lows aganst US-Dollar as U.K. retail sales slump

Yen down after Japan's worst April trade deficit

Yen down after Japan's worst April trade deficit

Euro Set For Another Week of Disappointing Data

Euro Set For Another Week of Disappointing Data

In Depth

New Government Report Calls Rana Plaza Garment Factory Collapse 'Culpable Homicide'

Bangladesh Gov't Calls Building Collapse 'Culpable Homicide'

Iraq: The Fundamentalists’ War Against Vice Targets Alcohol And Prostitution

Iraq: The Fundamentalists’ War Against Vice Targets Alcohol And Prostitution

Anonymous #opGTMO: Guantanamo Bay Protest Campaign Reaches Millions, Trends Worldwide On Twitter

Anonymous Guantanamo Protest Gaining Momentum, Twitter Followers

Man Fined For Violating NYC Illegal Hotel Law, Used Airbnb To Rent Out Apartment Illegally

Man Fined For Violating NYC Illegal Hotel Law Via Airbnb

web counter