No changed in our view, USDCAD remains in uptrend from 1.0619. As long as 1.0875 support holds, another rise to 1.1050 area could be expected. Only break below 1.0875 support could signal completion of the uptrend.
USDCAD remains in uptrend from 1.0619, and the rise extended to as high as 1.0985. Further rise could be expected after a minor consolidation, and next target would be at 1.1200 area. Support is at 1.0850, only...
The USD/CAD pair initially fell during the day on Friday, but as you can see found support at the 1.09 handle yet again, and bounce enough to form a hammer. The hammer suggests that there is buying...
The USD/CAD pair rose slightly during the session on Thursday as we continue to grind away sideways between the 1.09 and the 1.10 levels. With that, we feel that the market will more than likely go higher...
USDCAD remains in uptrend from 1.0619, the fall from 1.0985 could be treated as consolidation of the uptrend. Support is at 1.0875, as long as this level holds, the uptrend will continue, and next target would be...
The USD/CAD pair fell during the session after initially trying to break above the 1.10 level on Wednesday. It’s not a huge surprise though, as it is a large number. Also, this area has been resistive in...
USDCAD’s upward movement from 1.0619 extended to as high as 1.0985. Support is at 1.0875, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1050 area. On...
USDCAD continued its upward movement from 1.0619, and the rise extended to as high as 1.0976. Further rise could be expected after a minor consolidation, and next target would be at 1.1000 area. Support is at 1.0875,...
The USD/CAD pair rose during the day on Tuesday, but still remains below the 1.10 handle, meaning that we believe there is a significant amount of resistance just above. With that, we need to see a daily...
The USD/CAD pair initially tried to rally during the day on Monday, but as you can see we drifted a little bit lower by the end of the day. However, this simply looks like an area where...
