The USDCAD pair has been trading within a relatively range, oscillating between the levels of 1.3403 and 1.3567. This sideways movement suggests a period of consolidation as the market awaits a clear breakout direction. For the past...
The USDCAD pair has continued its downward trajectory, with the recent decline extending as low as 1.3403. This suggests that the bears are still in control, and further downside movement is a possibility. Traders should closely monitor...
The USDCAD pair has experienced a significant break below the key support level at 1.3475, signaling a potential shift in market sentiment. This development suggests that the short-term uptrend from 1.3314 has likely reached its completion point...
The USDCAD pair has recently broken above the falling price channel on the 4-hour chart, indicating a reversal of the downtrend that started from the 1.3667 high. The pair has been in a downtrend since late April,...
USDCAD has been trading in a range between 1.3225 and 1.3977, indicating a period of consolidation after the long-term uptrend from the May 2021 low of 1.2006. The pair has been following a rising price channel on...
USDCAD is currently facing resistance from the falling price channel on the 4-hour chart. As long as the channel resistance holds, the downtrend from the high of 1.3667 may be expected to resume, and the pair could...
USDCAD has failed to break below the support level at 1.3300 and rebounded from the low of 1.3314. This suggests that the pair is in a period of consolidation for the downtrend from 1.3667. Over the next...
USDCAD has been experiencing a consolidation phase for the downtrend from 1.3667, after rebounding from the 1.3314 level, where it has found support. In the near term, a range trading between 1.3314 and 1.3415 can be expected...
The USD/CAD pair continued its downward momentum, hitting as low as 1.3369. It appears that the pair is consolidating at these levels before making another move, and the next target could be at the 1.3300 support level....
USDCAD has been moving within a range-bound price channel on the weekly chart for quite some time. The currency pair has remained in the uptrend from 1.2006 and is currently consolidating within the trading range between 1.3225...
