USDCAD is facing 1.0910 support, a breakdown below this level will indicate that the uptrend from 1.0812 (Sept 19, 2013 low) had completed, then the following downward movement could bring price to 1.0000. Resistance is at 1.1025,...
The USD/CAD pair fell hard during the session on Tuesday, slamming into the 1.09 level. That area should offer a bit of support, and as a result we are waiting to see whether or not a supportive...
USDCAD remains in downtrend from 1.1278. Deeper decline to test 1.0910 (Feb 19 low) support would likely be seen. Key resistance is at 1.1077, only break above this level could indicate that the downtrend from 1.1278 is...
The USD/CAD pair tried to rally during the session on Monday, but found the 1.10 level to be a bit too resistive in order to form a shooting star. This shooting star suggests that the market is...
USDCAD’s downwards movement from 1.1278 extended to as low as 1.0957. Deeper decline to test 1.0910 (Feb 19 low) support is possible. Key resistance is at 1.1077, only break above this level could indicate that the downtrend...
The USD/CAD pair fell during the session on Friday, slicing through the 1.10 level. Even though that’s the big figure, we see support all the way down to the 1.09 handle, so quite frankly we are buyers...
USDCAD moved sideways in a range between 1.0910 and 1.1278. As long as 1.0910 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.0182. Another rise is still possible...
The USD/CAD pair fell during a majority the session on Thursday, but as you can see bounced off of the 1.10 level yet again in order to prove it to be very supportive. We feel that the...
USDCAD moved sideways in a narrow range between 1.1000 and 1.1077. Resistance is at 1.1077, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 1.1278,...
The USD/CAD pair fell during the session on Tuesday, showing the 1.10 level to be supportive yet again. We believe that this area is going to be rather supportive in the near term, as we await to...
