The USD/CAD pair fell during the course of the session on Friday, testing the 1.12 level for support. That being the case, the market bounced enough to form a hammer, and it should be noted that the...
USDCAD has formed a reversal pattern on its 1-hour time frame, suggesting that a downtrend might take place. Price has yet to break below the neckline support at the 1.1250 minor psychological level before confirming the potential...
The USD/CAD pair initially tried to rally during the course of the day on Thursday, but ran into quite a bit of trouble at the 1.1350 level. With that being the case, the market ended up turning...
USDCAD remains in uptrend from 1.0810 (Aug 29 low), the fall from 1.1385 is likely consolidation of the uptrend. Support is at the upward trend line on 4-hour chart, as long as the trend line support holds,...
The USD/CAD pair initially tried to rally during the course of the day on Wednesday, touching the 1.14 region but finding enough resistance to turn things back around and head towards the 1.1250 level. The market should...
USDCAD has recently broken past the 1.1200 major psychological resistance and zoomed close to the 1.1400 handle in the past weeks, before showing signs of a retracement. Price is now retreating back to the 1.1200 area, which...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0810 (Aug 29 low). As long as the trend line support holds, the uptrend could be expected to continue, and next target...
The USD/CAD pair broke higher during the course of the session on Tuesday, clearing the most recent high that this market has made. Because of that, the market touched the 1.13 level, and looks very bullish all...
USDCAD broke above 1.1269 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 now located at the upward trend...
The USD/CAD pair tried to rally during the session on Monday, but found the 1.12 level to be a bit too resistive and therefore pullback to form a shooting star. The shooting star of course signifies that...
