USDCAD remains in uptrend from 1.0709, the fall from 1.0943 could be treated as consolidation of the uptrend. Support is at 1.0875, as long as this level holds, the uptrend could be expected to continue, and next...
USDCAD’s upward movement from 1.0709 extended to as high as 1.0943. Further rise could be expected after a minor consolidation, and next target would be at 1.1000 area. Support is at 1.0875, only break below this level...
USDCAD’s upward movement from 1.0619 extended to as high as 1.0943. Further rise would likely be seen, and next target would be at 1.1100 area. Support is at 1.0800, only break below this level will indicate that...
As the nonfarm payroll came out slightly lower than anticipated, the USD/CAD pair went back and forth, essentially settling nothing at the end of the day although it should be mentioned that the candle was in fact...
The USD/CAD pair went back and forth on Thursday, but as you can see really didn’t settle for much. With that being the case, it appears that the market could pullback from here, as the move has...
USDCAD remains in uptrend from 1.0709, the fall from 1.0929 is likely consolidation of the uptrend. Support is at 1.0865, as long as this level holds, the uptrend could be expected to continue, and next target would...
The USD/CAD pair shot higher during the day on Wednesday, as the US GDP numbers came out stronger than anticipated. Now that we have broken out to the upside, we believe that short-term pullbacks will continue to...
USDCAD’s upward movement from 1.0619 extended to as high as 1.0916. Further rise could be expected after a minor consolidation, and next target 1.1000 area. Near term support is at 1.0865, as long as this level holds,...
The USD/CAD pair rose during the course of the day on Tuesday, using the 1.08 level as a bit of a springboard. That being the case, the market looks as if it’s ready to continue going higher,...
USDCAD continued its upward movement from 1.0619, and the rise extended to as high as 1.0865. Further rise could be expected after a minor consolidation, and next target would be at 1.0950 area. Key support is located...
