USDCAD failed to break below 1.3849 support and rebounded from 1.3899. Further rally would likely be seen and next target would be at the falling trend line on the 4-hour chart. Support is at 1.3899, a breakdown...
USDCAD’s downside movement from 1.4172 extended to as low as 1.3908. Further decline to test 1.3849 support would likely be seen, a breakdown below this level could take the price to 1.3700 area. Near term resistance is...
USDCAD is facing 1.3849 support, a breakdown below this level could trigger further downside movement towards the rising trend line on the daily chart. Key resistance is at 1.4348, only break above this level would indicate that...
Being contained by the falling trend line on the 4-hour chart, USDCAD pulled back from 1.4172. Further decline would likely be seen and next target would be at 1.3849 support, followed by 1.3660 area. Near term resistance...
USDCAD broke above 1.4151, suggesting that the uptrend from 1.3849 has resumed. Further rise could be expected in the coming days and next target would be at 1.4400 area. Near term support is at 1.4007, only break...
USDCAD broke below 1.4045 support, suggesting that the upside movement from 1.3849 had completed at 1.4151 already. Further decline would likely be seen and next target would be at 1.3900 area. Resistance is at 1.4151, only break...
USDCAD remains in the uptrend from 1.3849, the pullback from 1.4151 is likely consolidation for the uptrend. Range trading between 1.4045 and 1.4151 would likely be seen in a couple of days. As long as 1.4045 support...
USDCAD Technical Analysis On April 27/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “USDCAD Still possible the pair can extend lower below 1.4000. Possible momentum breakout lower at 1.4038” USDCAD 1 Hour Chart April 27.2020 : The chart below...
USDCAD extended its upside movement from 1.3849 to as high as 1.4151. Further rise would likely be seen and next target would be at 1.4264 resistance. Near term support is at 1.4045, a breakdown below this level...
USDCAD moved sideways in a trading range between 1.3849 and 1.4348. Another fall towards the rising trend line on the daily chart would likely be seen after the sideways movement. Resistance is at 1.4348, only break above...
