USDCAD continued its sideways movement in a range between 1.1000 and 1.1077. As long as 1.1077 resistance holds, the downtrend from 1.1278 could be expected to resume, and next target would be at 1.0950 area. However, a...
USDCAD moved sideways in a trading range between 1.1000 and 1.1077. Resistance is now at 1.1077, as long as this level holds, the downtrend from 1.1278 could be expected to resume, and next target would be at...
The USD/CAD pair fell initially during the session on Monday, but as you can see found the 1.10 level to be supportive enough to bounce significantly and form a hammer. This is the second hammer in a...
USDCAD remains in downtrend from 1.1278, the rise from 1.1000 would possibly be consolidation of the downtrend. Key resistance is at 1.1100, as long as this level holds, the downtrend could be expected to resume, and next...
USDCAD is facing the support of the upward trend line on daily chart. As long as the trend line support holds, the price action from 1.1224 could be treated as consolidation of the uptrend from 1.0182, one...
The USD/CAD pair fell during the bulk of the session on Friday, but found enough support at the 1.10 level to turn things back around and form a little bit of a hammer. This suggests that we...
The USD/CAD pair fell during the session on Thursday, but found enough support in the 1.10 level to stay somewhat afloat. That being the case, the market appears supported enough to perhaps continue the recent consolidation. The...
USDCAD’s downward movement from 1.1278 extended to as low as 1.1013. Further decline could be expected after a minor consolidation, and the target would be at 1.0950 area. Resistance is at 1.1100, only break above this level...
The USD/CAD pair fell during the session on Wednesday, slamming into the 1.11 level. Nonetheless, we still believe that there is enough support below to keep this market going higher over the longer term. With that, we...
USDCAD broke below 1.1150 support and reached as low as 1.1080, indicating the uptrend from 1.1025 had completed. Deeper decline could be expected and next target would be at 1.1000 area. Resistance is at 1.1150, as long...
