Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.
, | Updated: October 30, 2024
On Tuesday USD/CAD long positions should be opened above the hourly 21-period Exponential Moving Average (1.3944) with targets set in proximity to December 21st high of 1.3995 and stops placed just below the hourly 50-period EMA (1.3915-1.3925 area). Short positions, on the other hand, could be opened below the low from December 21st (1.3910) with targets set in proximity to December 18th low of 1.3851 and stops placed just above the hourly 21-period EMA.
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| Updated: October 30, 2024
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover 
