The USD/CAD pair fell during the course of the session on Thursday, but found the 1.08 level to be supportive yet again. Ultimately, we feel that this area will continue to offer support, but if we do...
USDCAD’s downward movement from 1.0941 extended to as low as 1.0825. Further decline is still possible, and next target would be at 1.0700 area. Resistance is now at 1.0885, only break above this level could trigger another...
The USD/CAD pair rose during the session on Wednesday, continuing to maintain that the 1.0850 level will be supportive. With this, we believe that a little bit of a bounce is probably coming today, but quite frankly...
USDCAD remains in downtrend from 1.0941, the rise from 1.0835 is likely consolidation of the downtrend. Another fall to test 1.0813 support would likely be seen after consolidation. Resistance is at 1.0941, only break above this level...
The USD/CAD pair went back and forth during the session on Tuesday, as we continue to hug the 1.0850 region. This area has been somewhat magnetic for price, and it appears that we are starting to see...
USDCAD is now in downtrend from 1.0941. Further decline could be expected over the next several days, and next target would be at 1.0700 area. Resistance is at 1.0941, only break above this level could trigger another...
The USD/CAD pair initially fell during the session on Monday, but found a little bit of support towards the end of the day. Nonetheless, with the Americans away celebrating Memorial Day, the liquidity in this particular pair...
USDCAD broke below 1.0850 support, indicating that the upward movement from 1.0813 had completed at 1.0941 already. Further decline could be expected in a couple of days, and next target would be at 1.0700 area. Resistance is...
USDCAD remains in uptrend from 1.0813, the price action from 1.0926 could be treated as consolidation of the uptrend. Near term support is at 1.0850, as long as this level holds, the uptrend could be expected to...
USDCAD remains in downtrend from 1.1278, the rise from 1.0813 could be treated as consolidation of the downtrend. Key resistance is at 1.1053, as long as this level holds, the downtrend could be expected to resume, and...
