The USD/CAD pair initially fell during the day on Friday, but found buyers below at the 1.11 handle, and then shot higher. That being the case, it appears of this market is heading to the 1.12 level...
The USD/CAD pair broke higher during the session initially on Thursday, but found the area above the 1.11 level to be far too resistive in order to continue going higher. With that, we feel that the market...
USDCAD remains in uptrend from 1.0886, and the rise extended to as high as 1.1126. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Support is at 1.1050, only...
The USD/CAD pair initially tried to break out during the session on Wednesday, but found the area above the 1.11 level to be far too resistive, and therefore we turned back around and formed a massive shooting...
USDCAD is moving inside a rising channel on its 1-hour time frame, indicating that the uptrend is getting stronger. However, price has just encountered resistance at the top of the channel and may be due south. ...
USDCAD broke above 1.098 resistance, indicating that the uptrend from 1.0810 has resumed. Further rise could be expected over the next several days, and next target would be at 1.1200 area. Support is at 1.0985, as long...
The USD/CAD pair initially fell during the course of the day on Tuesday, but found the 1.10 reason to be supportive again. With that, it appears that the market turned back around and form a hammer suggests...
USDCAD is facing 1.1098 resistance, a break of this level will signal resumption of the uptrend from 1.0810, then next target would be at 1.1200 area. Support is at 1.0985, only break below this level could trigger...
The USD/CAD pair shot straight up during the course of the day on Monday, breaking well above the 1.10 level again. With this, it appears that the Canadian dollar will continue to soften of that, and as...
USDCAD appears to be forming a rising trend channel on its 1-hour forex chart, as the pair recently made higher lows and higher highs. Price just bounced from the 1.0950 minor psychological level, which lines up with...
