USDCAD’s fall from 1.1466 extended to as low as 1.1300, the subsequent bounce is likely resumption of the uptrend from 1.1121. Further rise to test 1.1466 resistance could be expected, a break of this level will confirm...
USDCAD broke below 1.1330 support, indicating that the uptrend from 1.1121 had completed at 1.1466 already. Deeper decline could be expected, and next target would be at 1.1250 area. Resistance is at 1.1466, only break above this...
USDCAD’s upward movement from 1.0619 extended to as high as 1.1466. Support is located at the bottom of the price channel on daily chart, as long as the channel support holds, the uptrend could be expected to...
The USD/CAD pair broke higher during the course of the session on Friday, but still remains a bit capped in this area. We believe that the 1.15 level will eventually break out and above though, and with...
USD/CAD pair broke higher during the course of the day on Thursday, but could not break above the top of the shooting star. It is because of this that we aren’t quite ready to serve buying. We...
USDCAD remains in uptrend from 1.1121, the fall from 1.1466 is likely consolidation of the uptrend. Support is at 1.1330, as long as this level holds, the uptrend could be expected to continue, and next target would...
The USD/CAD pair broke higher during the course of the day on Tuesday, testing the 1.14 level. Because of this, the market looks as if it’s ready to break out and start heading towards the 1.15 handle...
USDCAD broke above 1.1385 resistance, indicating that the uptrend from 1.0810 (Aug 29 low) has resumed. Further rise could be expected, and next target would be at 1.1500 area. Support is at 1.1330, only break below this...
The USD/CAD pair broke higher during the course of the session on Monday, as we continue to test the 1.14 level. With that being the case, the market appears as if it’s ready to continue going higher,...
USDCAD is facing 1.1385 resistance, a break of this level will indicate that the uptrend from 1.0810 (Aug 29 low) has resumed, then next target would be at 1.1500 area. Support is at 1.1260, only break below...
