USDCAD’s downward movement from 1.0960 extended to as low as 1.0828. Further decline to test 1.0813 support is still possible, a breakdown below this level will signal resumption of the longer term downtrend from 1.1278 (Mar 20...
The USD/CAD pair rose during the course of the session on Tuesday, but found enough in the way of resistance above to pull back down and form a shooting star. The shooting star signifies that the market...
USDCAD remains in downtrend 1.0960, the rise from 1.0836 could be treated as consolidation of the downtrend. Another fall to test 1.0813 support could be expected, a breakdown below this level will indicate that the longer term...
The USD/CAD pair went back and forth during the session on Monday, showing that the 1.08 area continues to be supportive. With this candle, it shows that the market is probably struggling to find any real direction...
USDCAD remains in downtrend from 1.0960. Further decline to test 1.0813 support is possible, a breakdown below this level will signal resumption of the longer term downtrend from 1.1278 (Mar 20 high), then next target would be...
USDCAD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.0960. As long as the channel resistance holds, the downtrend could be expected to continue, and further decline to test 1.0813 support...
USDCAD is facing 1.0813 support again, a breakdown below this level will signal resumption of the downtrend from 1.1278, then next target would be at 1.0600 area. Resistance levels are at 1.0960 and 1.1053, only break above...
The USD/CAD pair did very little in the session for Friday, as the market simply sits just above the massive supportive area at 1.08 or so. That being the case, the market appears like it’s ready to...
The USD/CAD pair fell during the course of the session on Thursday, but found enough support below to bounce a bit and form a hammer. We believe that the market should find buyers in this general vicinity,...
USDCAD’s downward movement from 1.0960 extended to as low as 1.0841. Further decline to test 1.0813 support could be expected, a breakdown below this level will signal resumption of the longer term downtrend from 1.1278 (Mar 20...
