USDCAD broke above 1.1265 resistance, indicating that the downtrend from 1.1385 had completed at 1.1121 already. The pair is now in uptrend. Further rise to test 1.1385 resistance could be expected, a break above this level will...
USDCAD failed to break below the bottom of the upward price channel on daily chart, indicating that the pair remains in uptrend from 1.0619. Key support is now at 1.1121, as long as this level holds, the...
The USD/CAD pair broke higher during the course of the day on Friday, but as you can see gave back about half of the gains. With that being the case, we feel that the market should continue...
USDCAD remains in downtrend from 1.1385, the rise from 1.1121 would possibly be consolidation of the downtrend. Further decline is possible, and next target would be at 1.1090 area. Resistance is at 1.1265, only break above this...
USDCAD continued its downward movement from 1.1385, and the fall extended to as low as 1.1121. Resistance is at 1.1265, as long as this level holds, further decline is still possible, and next target would be at...
USDCAD’s downward movement from 1.1385 extended to as low as 1.1163. However, the fall would possibly be consolidation of the uptrend from 1.0810 (Aug 29 low), another rise to 1.1500 is still possible after consolidation. Resistance is...
USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 is likely consolidation of the uptrend. Deeper decline is still possible, and the target would be at 1.1150 area. Resistance is at 1.1300, a...
No changed in our view, USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 would possibly be consolidation of the uptrend. Deeper decline is still possible, and the target would be at 1.1150...
USDCAD remains in uptrend from 1.0619, the fall from 1.1385 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on daily chart. As long as the channel support holds, the...
The USD/CAD pair initially fell during the session on Friday but found the 1.12 level to be supportive enough to form a hammer. The hammer of course suggests that the market is going to bounce from here,...
