USDCAD stays above the upward 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 broke higher during the course of the day on Friday, going well above the 1.12 level. This is exactly what you would anticipate on the stronger than anticipated nonfarm payroll number, as the US...
USDCAD is in consolidation of the uptrend from 1.0810. Range trading between 1.0980 and 1.1222 would likely be seen over the next several days. Resistance is at 1.1222, only break above this level could trigger another rise...
USDCAD broke below 1.1130 support, indicating that the uptrend from 1.0886 had completed at 1.1222 already. Deeper decline could be expected, and the target would be at 1.0980 area. Resistance is at 1.1145, only break above this...
The USD/CAD pair finally have the 1.12 level that we been talking about for some time, but has pullback a little bit towards the end of the day on Tuesday. With that, we feel that the market...
USDCAD’s upward movement from 1.0886 extended to as high as 1.1222. Further rise could be expected, and next target would be at 1.1300 area. Support is at 1.1130, only break below this level could signal completion of...
The USD/CAD pair fell during the course of the day on Monday, but found enough support near the 1.1150 region to bounce from there to form a hammer. The hammer of course suggests that the market could...
USDCAD remains in uptrend from 1.0886, the fall from 1.1178 could be treated as consolidation of the uptrend. Support is at 1.1080, as long as this level holds, the uptrend could be expected to continue, and next...
USDCAD’s upward movement from 1.0886 extended to as high as 1.1177. Further rise could be expected after a minor consolidation, and next target would be at 1.1300 area. Support is at 1.1080, as long as this level...
USDCAD’s upward movement from 1.0619, and the rise extended to as high as 1.1168. Further rise could be expected overt he next several weeks, and next target would be at 1.1500 area. Near term support is at...
