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12 Aug 2014

USD/CAD bounces at 1.0930; back to 1.0945

FXStreet (San Francisco) - Earlier in the day, the USD/CAD rallied to daily highs at 1.0950 where the pair was rejected and launched back to 1.0930. At this level the US dollar bounced and now it is trading at 1.0945.

Currently, USD/CAD is trading at 1.0944, up 0.23% on the day, having posted a daily high at 1.0955 and low at 1.0919. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is strongly bullish.

USD/CAD levels

If the pair extends its bounce, next resistance will be 1.0950 ahead of 1.0975 and 1.0982. On the downside, supports are at 1.0930, 1.0920 and 1.0910.

Aug 12, 2014

United States 4-Week Bill Auction rose from previous 0.02% to 0.04%

USD/CHF retreats from 3-day highs

The USD/CHF rose during the European session to 0.9102, reaching the strongest level since last Thursday but it was rejected from above 0.9100 and pulled back.