Tag: USDCAD

USDCAD extended its upside movement from 1.3866 to as high as 1.4048. Further rally is still possible and next target would be at the falling trend line on the 4-hour chart. Near term support is at 1.3950,...

USDCAD failed to break below 1.3849 support and rebounded from 1.3866, breaking above 1.3980 resistance. Further rally would likely be seen and next target would be at the falling trend line on the 4-hour chart. Support level...

USDCAD formed a sideways consolidation above 1.3849 support. Another fall to test 1.3849 support would likely be seen, a breakdown below could take the price to 1.3700 area. Near term resistance is at 1.3980, above this level...

USDCAD is facing 1.3849 support, a breakdown below this level could take the price to 1.3700 area. Near term resistance is at 1.3980, a break of this level could trigger another rise towards the falling trend line...

USDCAD failed to break above the resistance of the falling trend line on the 4-hour chart and pulled back from 1.4140. Deeper decline is still possible and next target would be at 1.3849 support. Near term resistance...

USDCAD is testing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, another fall towards 1.3850 is possible. On the upside, a breakout of the trend line...

USDCAD is facing the resistance of the falling trend line on the 4-hour chart. A break of the trend line resistance could trigger further upside movement towards 1.4350 area. Near term support is at 1.4000, below this...

USDCAD extended its upside movement from 1.3899 to as high as 1.4114. Further rise is still possible and next target would be at falling trend line on the 4-hour chart. Near term support is at 1.4000, only...

USDCAD’s bounce from 1.3899 extended to as high as 1.4084. Further rise could be expected and next target would be at the falling trend line on the 4-hour chart. Near term support is at 1.3970, a breakdown...