The USD/CAD pair fell hard during the session on Monday, but remains well above the 1.10 level. That level was the scene of a break out, and we feel that this market will more than likely try...
USDCAD remains in uptrend from 1.0810, the fall from 1.1098 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the trend line support...
USDCAD continued its upward movement from 1.0810, and the rise extended to as high as 1.1097. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Support is at 1.1030,...
USDCAD’s upward movement extended to as high as 1.1097. Further rise to test 1.1278 resistance would likely be seen next week, a break of this level will indicate that the uptrend from 0.9632 (Sept 14, 2012 low)...
The USD/CAD pair went higher during the course of the day, showing real strength during Friday’s session. It appears that we are now broken out, and now that we have cleared the 1.10 level rather significantly, we...
The USD/CAD pair rose during the course of the day on Thursday, breaking the top of two shooting stars in a row. With that being the case, the market has now broken out to the upside, and...
USDCAD’s upward movement from 1.0810 extended to as high as 1.1058. Further rise is still possible, and next target would be at 1.1200 area. Support is located at the lower line of the price channel on 4-hour...
The USD/CAD pair tried to break above the 1.10 level during the day on Wednesday, but turned back around and fell hard. Because of this, we feel that the market is probably heading back to the 1.0850...
USDCAD remains in uptrend from 1.0810, the fall from 1.1031 is likely consolidation of the uptrend. Support is located at the lower line of the price channel on 4-hour chart, as long as the trend line support...
The USD/CAD pair broke higher during the course of the day on Tuesday, slicing through the 1.10 level. However, the area above that important level pushed the market back down, forming a perfect shooting star. The shooting...
