USDCAD’s downward movement from 1.1466 extended to as low as 1.1260. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 1.1200 area. However, a clear...
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
USDCAD’s downward movement from 1.1466 extended to as low as 1.1264. Further decline is still possible, and next target would be at 1.1200 area. Resistance is located at the downward trend line on 4-hour chart, only a...
USDCAD remains in uptrend from 1.0619, the fall from 1.1466 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds,...
The USD/CAD pair fell during the course of the session on Friday, testing the 1.13 handle. This area is significant support, and we believe that it extends all the way down to the 1.12 handle as well....
USDCAD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.1466 had completed at 1.1281 already. Further rise to test 1.1466 resistance could be seen, a break above this level will signal...
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466. Further decline would likely be seen, and next target would be at 1.1250 area. Resistance is at the trend line, only...
The USD/CAD pair fell during the course of the day on Tuesday, but remains above the 1.13 handle. That is an area that cause quite a bit of support, and therefore we feel that we should see...
USDCAD stays in the trading range between 1.1300 and 1.1466. As long as 1.1300 support holds, the price action could be treated as consolidation of the uptrend from 1.1121, another rise to 1.1600 area is still possible...
The USD/CAD pair bounced off the 1.13 level during the session on Monday, as the market went higher. That being the case, the market seems as if it’s ready to go much higher and we do recognize...
