The USD CAD pair fell rather significantly during the session on Wednesday, but as you can see turned back around and formed a massive hammer. The hammer of course suggests that the market is going to go...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191, the fall from 1.1673 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
The USD/CAD pair went back and forth during the course of the session on Tuesday, but as you can see just looks like it’s settling down in this general vicinity. Even if we do fall from here,...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191. As long as the trend line support holds, further rise could be expected, and next target would be at 1.1800 area....
The USD/CAD pair broke out to the upside during the session on Monday, as the 1.16 level has been shot straight through. The candle of course is a very positive looking, and a large one on top...
USDCAD’s upward movement from 1.1191 extended to as high as 1.1673. Further rise is still possible after a minor consolidation, and next target would be at 1.1800 area. Key support is located at the upward trend line...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.1191. Further rise could be expected in a couple of days, and next target would be at 1.1700 area. Support is located...
USDCAD stays above the rising trend line on daily chart, and remains in uptrend from 1.0619. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
The USD/CAD pair rose again during the session on Friday, breaking out above the 1.1550 handle. The market looks as if it’s ready to continue going much higher, and we believe the pullbacks will represent value in...
The USD/CAD pair broke above the 1.15 level finally during the session on Thursday, as the market appears ready to continue of the next leg higher. At this point in time, we believe that the market is...
