USD/CAD recently broke above a triangle pattern on its 4-hour time frame, suggesting that the uptrend is ready to resume. This breakout was sparked by comments from BOC Governor Poloz, suggesting that a rate cut might be...
The USD/CAD pair fell during the session on Tuesday, but as you can see we’re still above the support level at the 1.11 level. We believe that that area should bring in buyers back into the market,...
USDCAD is facing 1.1150 support, a breakdown below this level will indicate that the uptrend from 1.1025 had completed at 1.1278 already, then the following downward movement could bring price back to 1.1000 zone. On the upside,...
The USD/CAD pair fell during the bulk of the session on Monday, but as you can see is still elevated from where we had been trading. With that in mind, we feel that supportive candles will be...
No changed in our view, USDCAD remains in uptrend from 1.1025, the fall from 1.1278 is likely consolidation of the uptrend. As long as 1.1150 support holds, the uptrend could be expected to resume, and next target...
USDCAD remains in uptrend from 1.1025, the fall from 1.1278 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 1.1400 area. Support is at 1.1150, as long...
USDCAD broke above 1.1224 previous high and reached as high as 1.1278, indicating that the uptrend from 1.0182 has resumed. Further rise could be expected, and next target would be at 1.1500 area. Key support is located...
The USD/CAD pair fell during the session on Friday, but bounced hard enough to close above the 1.12 level. Now that we’ve done that, we feel that the market is eventually heading to the 1.15 level, although...
The USD/CAD pair tried to rally during the session on Thursday, but as you can see the 1.1250 level offered far too much in the way of resistance. This made the market pulled back and form a...
USDCAD’s uptrend from 1.1025 extended to as high as 1.1278. Further rise could be expected in a couple of days, and next target would be at 1.1400 area. Support is at 1.1185, as long as this level...
