CAD/USD Weekly Forecast

Weekly Forecast (September 12 – 16, 2022)

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 0,7645, which will be followed by reaching resistance level 0,7752 and if it keeps on moving up above that level, we may expect the market to reach resistance level 0,7855.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 0,7645, which will be followed by moving down to support level 0,7560 and if it keeps on moving down below that level, we may expect the market to reach support level 0,7469.

previous week forecast

Monthly Forecast, September 2022

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 0,7800, which will be followed by moving up to resistance level 0,7940 – 0,7983.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 0,7645, which will be followed by moving down to support level 0,7517 – 0,7469.

previous month forecast

Share on facebook
Share on twitter
Share on linkedin